As the President of the ECB, I would like to say that the Lisbon Treaty does not affect the EMU framework and therefore the present difficulty of ratification does not affect in any respect our work.
Leveraging on fintech innovations How can we take advantage of these fintech innovations to promote more inclusive growth in the Philippines? For one, the Philippine government recognizes the huge potential of fintech services to lower remittance costs for the country’s over 10 million migrant workers. Transaction costs for remitting $ currently average at 7.1 percent of transaction amount globally.