But, secondly, emergency measures need to be scaled back once the emergency is over. And third, the pandemic is teaching us that in order to be future-proof, economies have to be fast and innovative in adapting to a new environment. Against this background, the pandemic crisis needs to be a strong push to make European capital markets true drivers of real economic innovation.
And German companies need to put their funding side on a broader basis. Many thanks for your attention. 2/2  BIS central bankers' speeches