This brings me to the issue I would like to address today, namely the building of Europe in a globalised world. First, I would like to share with you some thoughts on Europe in a global context. Second, I would like to provide some facts on the process of economic and financial integration in Europe and – as a comparison – the United States.
Hans Reckers: Interaction of market and credit risk Welcome address by Dr Hans Reckers, Member of the Executive Board of the Deutsche Bundesbank, at the Conference on the Interaction of Market and Credit Risk, Berlin, 6 December 2007.