However, owing to the complexity of the motives driving FDI at the enterprise level and the problems of defining and recording foreign direct investment, great caution ought to be exercised when interpreting the statistical data. 1  I would like to thank Dr Ulrich Grosch for his assistance in preparing this talk.
Creating a common European Deposit Insurance Scheme would reduce the risk of bank runs and their cross-border contagion. A credible back-stop for the Single Resolution Fund would, in turn, ensure that even large bank resolutions might be financed without resorting to bail-outs at the taxpayers´ expense.