Many among them are Italian, and the Banca d’Italia was one of the key players in this process of change. The ECB also played another role – to contribute to the design of monetary union over the long term – which took concrete form in what is known as the Presidents’ Report. This was also important.
Our decision-making process was made more transparent, too; for the first time, we decided to publish the minutes of our meetings. 4  BIS central bankers’ speeches  I’d like to touch upon your famous speech in London, in which you said that you were ready to do “whatever it takes” to save the euro. The speech had a huge impact on the markets.