With regard to the composition of the “Board of Supervisors” at the EBA, it is important that supervisors and central banks are represented, fully reflecting their responsibilities at the national level. This is also important in order to create a close link between macroprudential and microprudential analysis.
In particular, 2002 saw the successful introduction of the euro in its tangible form, as euro banknotes and coins have been swiftly accepted and embraced by the citizens of the euro area.