Coming to the more recent years, the recovering of the economy before the pandemic was accompanied with encouraging signs of investment. The gathering of momentum did not last, however, as it started dampening already in late 2019. The real blow came in 2020 with the arrival of the pandemic.
Finally, to establish a strong resolution regime: we need to persist in our endeavours. It takes time and perseverance to overcome hesitation or reluctance, which is still present at some banks and authorities. Yet we also need to keep up our collective efforts if we really want to minimise the impact of bank failures on the real economy and society as a whole.