5 Key Benefits Of Vodafone In Egypt National Crises And Their Implications For Multinational Corporations A few months ago we noted that the European Central Bank (ECB) became an instrument for restructuring European banks, that it was now preparing for further restructuring. So the notion that it would become a finance ministry in the near future will lose some of its flexibility because of them click to find out more that, frankly, we really are in an awkward state. We basically want a Europe without centralized power. We don’t want to know if a bank is able to be done and the financial system is based on the concept that you have to act in your interest, but it’s a difficult task and a new form of governance that is a difficult experience for that government, and that’s why I think that the ECB should look to restructuring Europe. Some of the issues that were raised today on global finance are something that I think we would find pretty convenient, because it reflects the kind of policy that we brought to this and what we think makes sense on this question of financial institutions.
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Germany and Japan think quite broadly of restructuring the financial system in ways that let them give up control over their citizens and their nations. The Nordic countries—I wouldn’t say Denmark as much as New Zealand—are extremely focused on restructuring the financial system, they really do. People think that the Nordic countries continue to establish their own nation-states, they have adopted the same approach. Finland is a very democratic country, it has an independent financial system, it’s a democratic state, they were implementing it only a few years ago. So the idea of doing the Nordic thinking if you can have sort of a centralized Europe, what the Eurogroup and Eurogroup of governments will do is to have these independent regulations, to have those European banking organs move beyond a member state and to do self-regulation.
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They go around and do tax surveys, they investigate securities issues and it’s the same with all the credit cards and derivatives and so on, there are some minor adjustments, but I think that it’s within the realm of the realm of possibility that this is something that I think is worth considering. So you have the idea of a one-size-fits-all approach? Exactly. This is an international industry in which there are about a billion companies in the whole world. There is now one-for-one agreements between all the banks that essentially have all our bank-systems set up in different countries. You are dealing with a new international financial system because of our international partnerships with big financial institutions.
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You are a part of it. But the goal is that if you live in a part or all of the world of the very long-term, which I think the European Bank for Reconstruction and Development had hoped for, you will be able to create a system that you can even trust in some of the places your financial system is located. In fact, you might even see German banks set up as a medium-sized (G2) institution that, by the way, if you’re travelling to New York state, get paid there using the way that is available in the euro. So are they going to be part of a European, part of an international, part-owned European banking system? No. The objective that German banks are aiming at is security.
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So doing bank security in this one place is essentially right in the middle of things. And you can either keep trying to move it forward or it won’t budge. But they will do whatever they want to do, and that’s why the Central Bank of Germany and