It is important to promote new financing channels other than bank lending in order to ensure that the effects of monetary easing permeate throughout the economy. These efforts will also improve Japanese capital markets over the long term.
As President of the ECB I repeat that I consider EMU highly credible with its Stability and Growth Pact. There is a lot of controversy about who should be able to join the EU. Do you see the same kind of controversy about who should be able to join the euro zone? These are two completely different issues.