JCT: I have already said what I want to say as regards the second part of the year. As regards our own past of course similar questions have been asked several times, for instance: “You are at the level of 2 per cent.
We can make banks more resilient, make government finances more sustainable, and ensure that governments are shielded as far as possible from the effects of banks’ problems – and vice versa. Some of the current reforms to the institutional framework are based on these three approaches.