2/5  BIS central bankers' speeches  Limits to euro-area monetary policy accommodation There is one issue I would like to point out in this respect. Despite the overall strength of the fiscal action on the aggregate level, the fiscal policy response among euro area countries has differed in terms of size and composition.
I call on all banks covered by the SSM to join our effort in the coming months by supplying the necessary information to the ECB and the national authorities, by undertaking prior actions where needed, and by proactively responding to the conclusions of the exercise.