It participates in all meetings of the IMF Executive Board at which issues related to euro area monetary and exchange rate policy are discussed and has established a permanent representation in Washington D.C. I should also point out that the ECB has started to closely follow the process of accession of new EU Member States.
It is said that our greatest enemy is not something that is external to us, but rather our own internal vanity and inattention. We cannot be content with the remarkable results that our Asian economy has achieved over the past half-century.