Throughout this period, the Bundesbank has benefited from our reliable hotline to Mumbai. I would also like to warmly welcome his successor, Mr Peter Kern. The job at our representation requires not only all the professional knowledge, which he – like Mr Sattler – of course brings along. But this job is also a lot about personal contact, as I said in the beginning.
For example, our Bundesbank representative in Mumbai always stands ready to present our views regarding current developments in the euro area and in Germany. I can only encourage everyone here in this room to get in contact with Mr Kern whenever needed. Mr Kern may be new to India, but he is not new to this position.