How do you deliver that message from an ECB perspective? Well, the first thing the ECB has to do is to just do our job, which is to bring inflation back towards 2% and to create an environment that makes it possible to invest and to reform. That environment is there now.
The ECB is not going to create projects, the ECB is not going to create jobs. We create the environment, and the governments have to get their act together and reform. The governments have to make tax reforms and regulatory reforms and instil confidence in the business community.