Work on this roadmap is on track and a detailed report on these issues is due to be considered by ECOFIN in April. The domestic economy I should say that, at times like this, the protection afforded to a small country by membership of the euro area comes sharply into focus.
Its original mission was to oversee the business related to government debt issuance. At that time, Japan was engaged in warfare against Russia. Baron Korekiyo Takahashi, Deputy Governor of the Bank at the time, was asked to raise the necessary funds - 10 million pounds, between three to four percent of Japan’s GDP at the time abroad.