On the contrary, in the face of the constant and evolving challenges posed to monetary policy makers, better data simply facilitates the necessary deeper, broader and richer analysis that is always required in order to take decisions that can serve the ECB’s mandate. Ample proof is surely provided by the experience of the past few months.
(h)  Human resource development:  I wish to thank all the Chief Executives of banks who have put in place transparent and merit based system of recruitment of entry-level bankers. The next step in this value chain of human resource development is the continuing education, training, testing and progression of in-service employees and identification of future managers of the financial industry.