Some of them are either at or above target already, including in the inflation outlook, and that fully justifies that they adopt different approaches. Some of those central banks are in commodity producers and exporters economies, and that also justified particularly approaches. So clearly, the euro area is a very large market economy. It is not a small open-market economy.
Another major benefit of the CMU is the contribution to convergent growth among member countries, resulting from the improved circulation and allocation of savings across the Union. In this perspective, Brexit makes it more crucial that the CMU is effectively implemented and that European growth can avail itself of the services of an integrated financial system.