The introduction of the euro as a single currency was a quantum leap for the integration process; but I believe that further efforts are still needed to make the objective of a competitive and safe single market in financial services come true. I am convinced that this process should be first and foremost market-driven.
But I also believe that public authorities have a role in fostering financial integration in Europe. This is particularly true when it comes to supporting the private sector to coordinate their action and to reducing policy-related obstacles to cross-border activities.