Regulation and supervision in the UK have been both highly professional and stability-oriented in the past. I strongly hope that supervisors here will be able to keep up this good work and turn a blind eye to demands for deregulation and lax supervision.
Without any doubt there is still room for improvement in these countries, and lessons can be drawn from the experience of EU Member States with reconciling economical and social aims – while on the other hand there is evidence that Central and Eastern European labour markets tend to be more flexible, in a number of ways, than those of many Western European countries.