*  *  *  Mesdames et Messieurs, Messieurs les Députés, permettez moi tout d’abord de remercier Mr Pervenche Berès de m’avoir invité à débattre sur un sujet particulièrement important, qui est le degré de convergence des économies de la zone Euro.
With the exception of China, aggregate saving has been stable over more than 10 years. Among key factors responsible for the slump include investor’s perceptions that the  BIS Review 46/2007  1  investment environment is riskier. I would appreciate it if fellow Governors would share their experience on this issue.