The critical policy innovators of the late 1980’s, in particular the highly activist French Finance Minister Edouard Balladur, took an international answer and started to advocate its realization on the European level. At the G-7 meeting of finance ministers in Louvre in February 1987, Balladur suggested a system of currency target zones; when its realization proved problematic, he pushed on with a more definitive and tighter European version of the scheme.