And it is obviously not at all an equivalent to the ECB stepping-up bond buying. Do you expect, in the next six months, another round of bank recapitalisations and, in some cases, nationalisation? Last week, we had the results of the European Banking Authority (EBA) “stress tests” exercise.
A wide variety of modelling and analytical approaches are required to gain the necessary comprehensive understanding of the economic, financial and social impact of these structural changes, including the interaction effects between digitalisation and the carbon transition. Digitalisation and the greening of the economy require significant levels of investment, both from the private sector and the public sector.