In line with the principle of subsidiarity, the European supervisory authority could then delegate the supervision of systemically unimportant banks to national authorities, subject to the proviso that such banks could then be brought back into the fold of European supervision on a case-by-case basis. I believe a Europe-wide prudential regime would definitely benefit from the operational involvement of national supervisory agencies.
The importance of advancing a strategic plan in the area of housing is also derived from the certainty that it is supposed to create for the synchronization of the infrastructure required for building the dwellings and adding more residents to the localities.