The fact that Member States are working towards it reveals their willingness to continue to deepen European integration and to put in place a framework that will allow the euro area to function to its potential. Other reforms have meanwhile been implemented to complete the initial minimalist design of monetary union.
But there are sectors that have the potential for ground-breaking innovations: 3-D printing, artificial intelligence and synthetic biology, among others. BIS central bankers’ speeches  3  The path home Let me shift gears and talk about how we get home. How do we get to natural growth? What is the path? And how will we know we are on it?