 Jean-Claude Trichet, welcome. You are former governor of the Bank of France and of course governor of the European Central Bank and a great disciplinarian, I seem to remember, on fiscal matters. But if one looks at Finland now, Finland has done everything required of it, and yet its recession is almost as bad as Greece's. What has gone wrong? Well, I would say that not only particularly on Finland, but when you have problems of that kind, it is very often that you still have structural reforms to implement. And I've always been told by my friends in Finland that they had a functioning of the labor market, which is not good, and the materializes in precisely this kind of, I would say, growth, which is unsatisfactory, and also a level of unemployment, which is not satisfactory. My country is more or less in the same position, where you have an obligation to embark in structural reforms that should be, I would say, very bold, I have to say, but are absolutely necessary if you want to create more growth and more jobs. So this is really a political challenge rather than an economic or a central bank. Well, it's both. It's both an economic challenge. It's a challenge for the social partners because it has to be accepted by the social partners as the only way to create really growth and jobs. And of course, it needs political courage because in the very short run, it hurts some, I would say, vested interest or supposed vested interest in the medium run. And certainly in the long run, experience demonstrate that those countries that are embarking in those reforms are rewarded and that once it is done, there is a consensus to preserve it and maintain it. And I'm very, very impressed by what you see. For instance, in Denmark, Denmark is a Scandinavian country. You compare with Finland also as Scandinavian country. You see that there are ways of getting out of the difficulty. That's a very good point. What do you think the role of the WPC can be in this? I think you have these discussions all the time about the global governance and the global economy. Is it helpful? I think WPC is very, very helpful, obviously, because it concentrates since the very beginning on global governance, as the title suggests. And I trust, and I trust personally, that global governance is more important than ever in the present world because we have so many dramatic structural changes. Globalization, on the one hand, of course, global governance associated with globalization is of the essence, but we also have these new challenges of science and technology. The IT revolution, which is really galloping and is transforming everything in the world, including all the, I would say, production processes. And you also have, of course, the new geopolitical challenges, including very unfortunately terrorism, which was mentioned in the session today. So all this creates an absolute need for improving global governance. Jean-Claude Fichier, thank you so much. Thank you.