Europe, which, as regards trade, is significantly more open to the rest of the world than US and Japan, will continue to play a major role in the global economy. It will participate as actively as possible in making the global economy and global finance as resilient as possible in the future.
We can happily say that the real economy is in a balanced upswing. However, we also see that risks are building up in the financial system. So there is no doubt – this is the time to build strength. In particular, it is time to build up countercyclical strength. Let me put this into perspective.