To the extent that a growing and increasingly diverse range of market participants starts to offer similar services, structural disparities in their ability to place safe and liquid investments may become a source of concern. And third, the dispersion of short-term rates may affect the transmission of our monetary 10 / 14  BIS central bankers' speeches  policy stance.
Greece has not met the deficit limit of 3% of GDP even once. How can such a country stay in the euro area? Draghi: By changing. The country has to fundamentally change its policies. And this is what everybody is telling them to do. SZ: But Greece is seeking further help, after all the help it has already received.