In my view, two things are important to strengthen the framework of quantitative easing. One is to clarify our commitment to maintain the quantitative easing policy, thereby enhancing the transparency and increasing the effectiveness of monetary policy. The other is to strengthen the transmission mechanism of monetary policy in the area of corporate finance.
And it can occur quickly. Sometimes it is a question of half days. This is an issue for the industrialised world as a whole. SPIEGEL: Allegedly, even Asian central banks have lost confidence in the euro. And they are key players.