Investments by private equity companies, which had plummeted during the crisis, are now, however, showing signs of recovery. In 2010, new investments by  1  See Meyer (2006): Private Equity: Spice for European Economies, Journal of Financial Transformation, Vol 18, November, pp 61–69. 2  See BVK statistics – The year 2010 in figures, March 2011.
Monetary policy is most effective when the public is willing to hold and use the currencies introduced by the Bank as legal tender and as a store of their wealth because of confidence that the value will be stable over time – the value is the same – and by implication prices will remain fairly stable as well.