In order to deal with these complex matters effectively, it would be necessary to analyse all these aspects very carefully so as to ensure the consistency, credibility, legal certainty and political legitimacy of the EU framework for financial stability.
This weakness reflects the adverse impact of low consumer and investor sentiment on domestic expenditure, as well as subdued foreign demand. However, financial market sentiment has improved and the latest survey indicators confirm earlier evidence of a stabilisation in business and consumer confidence, albeit at low levels.