13 This is probably the best and clearest forward guidance we can provide at this point. Thank you again for the opportunity to share my views with you today. 1 I want to thank Antulio Bomfim and Rebecca Zarutskie for their assistance in  preparing these remarks.
Such a network is of decisive importance in the light of the structural change in European financial markets that already has taken place or is likely to come in the near future. After successfully implementing EMU, the next major task Europe faces in the upcoming years is certainly the enlargement of the European Union.