2  G7/8 Finance Ministers Meetings, Statement of G7 Finance Ministers and Central Bank Governors, Washington, October 19, 2007 (http://www.g8.utoronto.ca/finance/fm071019.htm)  3  Reuters, Eurogroup position for G7 meeting; Monday (http://www.reuters.com/article/companyNewsAndPR/idUSL0846597920071008)  BIS Review 144/2007  8  October  2007  3  Since the speed of further monetary integration must not compromise its quality, decisions have to be taken on a case-by-case basis in accordance with the Treaty.
At the same time, equal treatment for new and established EU Member States must be ensured throughout the whole process. I am sure that the participation of the new member countries in the stability architecture of Eurosystem will make EMU an even greater success. This conference provides proof of our research-based approach to the issues of currency and competitiveness.