Improved living standards could lead rural families to withdraw women from the  4  BIS central bankers’ speeches  labour force (Chart 12). Also, higher prosperity could lead to greater investment in educating girls (for the age group 10 to 24) again leading to lower participation in the workforce. 3.
in Member States with relatively high NPL ratios, there is encouraging and sustained progress in most cases `3  due to a combination of policy actions and the growth impact. For instance, in Cyprus, NPLs have continued to fall since the end of 2015 with the NPL ratio around 34% and are expected to decline more sharply this year.