We shall continue to ensure that the sector operates efficiently, effectively and soundly, supported by the following three pillars:•  First, strengthening Financial Stability, through a robust Supervisory and Regulatory Framework.
In 2022, the Governing Council of the European Central Bank (ECB) accelerated the process of monetary policy normalization, which had already started at the end of 2021, by intervening on purchases of securities held for monetary policy purposes, on interest rates and on the conditions applied to refinancing operations.