• When I look at 6-mos and 1-year rates, Europe is lower than US
  • Big structural differences between US, Eurozone lead to different policies
  • Studying the possibility of non-conventional measures if necessary
  • European governments have shown capacity for rapid reaction
  • Euro has shown its importance in the crisis
  • Big imbalances caused crisis
  • Fight against protectionism more essential than ever
  • Governments, central banks must rebuild confidence
  • Nobody can imagine a country ;leaving monetary union