Protecting variety in banking is one way to enhance sector stability. Therefore, I appreciate efforts from the ECB to widen the perspective of banking supervision beyond the level and quality of capital towards proportionality. 2  BIS central bankers’ speeches  There are other challenges that concern the supervisory quality and long-term functioning of the SSM.
Economic activity is expected to increase in the upcoming quarters and reach roughly 0.5% for the entire year 2012. Over the short run, increased government expenditure in the first half of the year exerts some positive contribution to domestic demand.