1 For a more detailed account, see my speech (September 2016) at Banca d’ Italia, Rome. 15 / 15  BIS central bankers' speeches
This gap for Europe must be closed and clearly demonstrates that concrete actions are needed to make Europe significantly more competitive and a more attractive place for issuers and investors. This objective is in line with the Lisbon agenda, which claims that not only must Europe do better, it can do better.