It is also because the Netherlands seems a fitting setting for such a discussion. As you know well, this country has a long history of transparency – households in the Netherlands are renowned for keeping open their curtains. The classic explanation is that people do this for the benefit of others: with nothing to hide, they are happy to grant passersby a look inside.
*  *  *  We are here today to witness what could be considered a historic event. The governors of two central banks will in some minutes sign an agreement, by which the Bank of Finland becomes a partner of the group using a joint information system for central bank cash management – CashSSP – the cash single shared platform.