This is understandable, given the fact that recognition of the important role that macroprudential policy can play in financial stability surfaced only recently, and given the great variety of measures that have been called macroprudential, which makes it hard to compile, homogenize and evaluate the information.
Turning now to the analysis of financial stability for the euro area as a whole, at least two additional issues arise from a statistical point of view. First, the degree of cross-country comparability of the data and, second, the availability of indicators at euro-area level.