As we have done in the past, we remain ready to share our views on the situation in programme countries with the European Parliament and to explain the advice provided as part of the troika. However, it is important to recall that the Eurogroup is the body which actually decides whether to grant financial assistance and under which terms. Thank you for your attention.
That corresponds to roughly 250% of Germany’s gross domestic product (GDP) and 28% of the total assets in the monetary union. In Germany there is also a comparatively large number of banks. If we leave out the branches of foreign banks in Germany, there are around 1,700 credit institutions. That constitutes one-third of the total number of banks in the monetary union.