As the EBA pointed out, it is now important that banks maintain their capital levels on the path to the Basel III framework. The other important lesson from the crisis is the fundamental inconsistency between the single monetary policy of the euro area and the national responsibilities for banking policies.
(Chart 10)  Percentage of Correct Answers to Financial Literacy Questions Comparison with the U.S. 70  (%)  Comparison with European Countries 70  60  60  50  50  40  40  (%)  30  30 Japan  United States  Japan  Germany  United Kingdom  Note: The average percentage of correct answers to five questions.