I am stretching the metaphor here, but dealing with the problems faced by some banks, and facilitating the provision of credit to the economy, may require the supply of “additional oxygen” in the form of government measures aimed at strengthening the banks’ balance sheets, both on the liability and the asset sides.
And as Co-Chairman of the Group of Trustees of the “Principles”, I enjoy the regular events together with distinguished colleagues from the public and private sectors. I want to thank Charles Dallara, in particular, for his dynamism and constant efforts in fostering dialogue between the private sector and the official sector.