The key is careful and timely analysis of each national economy and of the actors within them. The opportunities offered by financial diversification in a global environment are potentially intact. Ongoing reform efforts in the euro-area countries aim at preserving their attractiveness for financial diversification. °°° 5. The crisis has highlighted the weaknesses of EU and especially euro-area governance.
Regulators seem to be aware of the need to consciously connect the common person with bank services and equip him to manage the new reality of transaction-based but multifaceted banking. Regulators all over the world have recognised some market failures in savings and credit markets and that banks’ sophisticated customer-segmentation strategy has unintended consequences. Thus, globally, financial inclusion is now a priority.