And again, if I focus on emerging markets only, perhaps one of the most interesting developments in recent years is that the euro area has become an attractive destination for foreign direct investment from the largest of these economies, although starting from very low levels, of course.
A common EU deposit guarantee scheme is a crucial component of the safety net and  should be set up as swiftly as possible. In November 2015, the Commission presented a  proposal for a European Deposit Insurance Scheme (EDIS).