This is a different approach compared with monetary policy in monetary union or banking supervision, in which the aim is maximum harmonization of national practices. Key milestones in the preparation of the SSM SLIDE: Key milestones in the preparation of the SSM The practical preparation of the SSM has been well underway since last autumn.
I am afraid, as we hear, that Latvia has done a good job, that we are leaving the crisis behind us, there could be less motivation to continue the adjustment. Hopefully, this has been changed by the recent crisis.