1/3  BIS central bankers' speeches  To make it easier to reach out to national authorities and financial institutions in the major euro area countries, the Bundesbank now sends staff members to the German embassies in Madrid, Rome and Paris. It is an arrangement that complements the close working relationships we already enjoy with the central banks of these countries.
That list of “Have dones” is therefore an impressive one. But, we would be the first to admit that, that is the past. The challenge now would be as to what more we should do in our journey into the future. How do we reach a $ 100 billion economy? How do we proceed beyond the $ 4,000 per capita income level?