In fact, the ECB, as well as other central banks, international institutions and some market participants, had identified a number of risks and vulnerabilities in the financial system well before the financial market tensions erupted in August last year.
The maintenance of balanced public finances and the continuation of reform actions to support growth – accompanied by progress towards the completion of the European Union – can improve confidence and reduce the perception of investment risks in our country, allowing us to consolidate the recovery of capital flows from abroad.