In a speech on 'Current challenges facing economic policy-makers' given on 3 November, Hermann Remsperger of the Deutsche Bundesbank said given the adjustments at the enterprise level, the urgently required reforms in the labour market and fiscal and social policy will be rooted in fertile soil. The ground has long been prepared as far as interest rate policy is concerned, he said, and a wind of change bringing plentiful reforms would enable us to reap even greater benefits. Unfortunately there