As so often in the past, politicians and businessmen must adjust to legal and structural changes, which on this occasion have been triggered by the forthcoming European Monetary Union. Germany joins EMU next year, and Greece will follow as soon as possible (that is likely to be in the year 2001). (Greece has already immortalised itself on the Euro banknote).
In the field of banking supervision, Greece will from the outset be a genuine “in” country, or actually is one already: the European harmonisation of banking law encompasses all EU-countries. In the Banking Supervision Committee of the ECB, “ins” and “pre-ins” as a rule are sitting round the same table, with equal rights.