Other work of the payments system board I have been talking about the innovation review and the way it will alter, in some respects, the role played by the Payments System Board in the future. But it is also worthwhile to talk briefly about other developments that also have an impact on the direction of the Board more generally.
Ladies and gentlemen, This morning the discussions focused on the role of the financial sector. This sector is predestined to provide a key contribution to speeding up real convergence in accession countries. Significant progress has been made over the past years in rehabilitating banking sectors and encouraging foreign ownership. The latter has also contributed to greater microeconomic integration with the EU.