Improving economic union by restoring competitiveness and the functioning of product and labour markets on the one hand, and setting up a single resolution framework on the other hand are key priorities for 2013. This Committee has always pushed for ambitious European solutions in the field of financial and economic governance.
I am confident that you will again play an instrumental role in moving the agenda forward and adopting the relevant legislative proposals. Thank you for your attention. I am now at your disposal for questions. 4  BIS central bankers’ speeches