Ernst Welteke: The euro changes Europe and the world Speech by Mr Ernst Welteke, President of the Deutsche Bundesbank, to the Japanese Bankers’ Association, Tokyo, 28 November 2001. *  *  *  I Ladies and Gentlemen, First of all, I would like to thank you most sincerely for your kind invitation to speak to such a distinguished audience.
It is always a pleasure for me to be here in Tokyo. I especially appreciate the opportunity to discuss with the financial elite of Japan the changes brought about by the introduction of the euro. Thank you very much. st  The European monetary union is only 33 days from completion.