Thirdly, it would obviously be preferable if the aforementioned mechanism were created and managed by the European institutions themselves, rather than emerging as an intergovernmental initiative for the euro area.
Kolmandaks oleks ilmselt eelistatav, kui nimetatud mehhanismi looksid ja seda haldaksid Euroopa institutsioonid ise, selle asemel et see kujuneks euroala jaoks valitsustevahelise algatusena.