a brexit divorce settlement. in france, modernisation is at the forefront of president macron ’ s agenda, who has put forward proposals for reforms that will reshape the eu. of course, macron needs to establish his credentials as a reformer first in his own country. an initial successful step was taken with the reform of france ’ s labour law, which must now be followed by the tricky reforms of france ’ s taxation and vocational training system. in parallel, president macron has placed deepening the european project at the heart of his agenda. his address on pnyka hill last september, as part of his visit to athens, his first ever official trip abroad as france ’ s president, but also his speech at sorbonne university a few weeks later were intended to send a clear message about france ’ s european ambitions, covering everything from common defence to harmonisation of tax policy, including a finance minister for the eurozone. as a southern pro - european myself, i strongly believe that the urgency in europe is not to be complacent and leave the populists dictate the agenda. southern european countries must stick with reforms ( including the mother of all reforms, namely the privatisation agenda ), and, on the other hand, leading eurozone countries must make sure to build the missing pieces of the emu incomplete architecture, including a financial union among eurozone countries through the 6 / 8 bis central bankers'speeches completion of the banking union – i have no doubt that there will be another european compromise on the long - mooted proposal for a european deposit insurance scheme ( edis ) – and the capital markets union. there is also the recent proposal in the field of fiscal policy from the european commission on a european safe bond ( esb ), which is also the subject of a study by a high - level group at the ecb, chaired by bank of ireland governor philip lane. the idea is that sovereign debt across the eurozone could be bundled into a new financial instrument, the esb, and sold, if you like, as a european brand, to investors. this is a different idea from pooling national government debt issuance, known as the common eurobond, which, i know, remains a political taboo in germany. and i want to assure the esteemed president of the deutsche bundesbank, mr. welteke, that i make no personal value judgement on this. as ecb president mario draghi rightfully

years, the bank of greece has gradually evolved into an institution that is inspired by what organisational psychology defines as " psychological safety ", i. e. ensuring a workplace which promotes innovation, coordination and cooperation, while encouraging a creative exchange of views and ideas between employees. it is also worth noting that, in july 2022, the bank of greece co - signed the escb & ssm equality, diversity and inclusion charter. the past months saw the completion of the bank's internal reorganisation project entitled " mellon " ( meaning " future " ), aimed to improve the way the bank is structured and operates in order to effectively respond to the challenges of the new era and of technological developments. the project has produced invaluable tools, which we are now called upon to use in the best possible manner. in addition to its external activities on climate and sustainability, the bank also implements an internal wide - ranging programme of environmental actions, called " bogreen ". these actions focus on a more efficient use of the natural resources consumed in all its buildings and the optimal management of the waste generated in its facilities, along with environmental awareness activities addressed to all its staff. in the past year, the bank's environmental management system obtained iso certification. 2 / 3 bis - central bankers'speeches 2022 marked an important milestone : 50 years since the official inauguration of the coin minting section of the national mint. on this occasion, a commemorative medal was designed and produced, which will be distributed to all colleagues working at the bank, as a symbolic gesture of gratitude for the services they have offered over time. i would like to thank you, once again, for your diligence and commitment with which you performed your duties in 2022, and i invite you to keep up the very good work this year. i wish you all a happy, healthy and prosperous new year! 3 / 3 bis - central bankers'speeches