In particular, I will talk about the role of the central bank in the areas of monetary policy, regulation and financial sector development. The global financial crisis that erupted in 2008 prompted a re-thinking by central banks around the globe of how they approach economic and financial stability.
We have come a long way on the path to completing the banking union. But we are not there yet. What remains to be done is ambitious. But it is ambitious and achievable. When the pandemic crisis struck this time last year, the joint European response revealed the strength of a united Europe that can react and move forwards swiftly.