Why would GDP, which is an economy-wide concept, be available in a timelier manner than statistics on general government deficit and debt? My second point is that there should be mechanisms to ensure that governance and quality provisions laid down in the European statistics Code of Practice of the ESS 3 are fully adhered to.
In addition, in exercising oversight over national payment systems, central banks guard against systemic risks that could be transmitted via these systems. There are therefore clear synergies between financial stability and other tasks. Central to these synergies is the wealth of knowledge on the financial system through the central bank´s active presence in financial markets.