These measures will however be efficient only if banks pass on to their clients the favourable financing conditions (in terms of price and quantity). The priority is to re-establish trust in the strength of the European banking sector and its capacity to finance the economy.
With this  7  Roth, F., Nowak-Lehmann F., Otter, T. (2012), “Crisis and Trust in National and European Union Institutions: Panel Evidence for the EU, 1999 to 2012”, EUI Working Papers, RSCAS 2013/31.