Ladies and Gentlemen; previously, it had been argued that lending to the poor was not only administratively costly, but was highly risky because of their limited saving propensity and inability to come up with sufficient traditional collateral as a guarantee for loans.
But on another level, we can still work it out, as we can still find an agreement that achieves the two big goals: a stable and friendly political alliance as the foundation for close cooperation in foreign and security matters, and economic cooperation that allows for an efficient division of labour and trade.