And, in the analysis of each country’s situation, in dealings with the financial players, and in communication with the general public, the member central banks, being closer to their own particular country, retain a supreme role. Finally, it is unusual for modern central banks to be purely central banks.
I would like to end by quoting the philosopher and writer Ernest Renan, who defined a nation’s identity as follows: “In the past, it was a heritage of glory and of regrets to share together; in the future, it will be the same programme to be realised…”.