The last Five Presidents’ Report of June 2015 underlined the need to continue moving ahead in relation to the single deposit insurance, because without it the euro runs the risk of being unable to absorb generalised confidence shocks; the Report recalled that – in comparison to national systems – a common guarantee scheme is more likely to be neutral over time for public finances, because risks are more spread and contributions are levied on a wider range of intermediaries 4.
* Industry, agriculture, transport, warehousing and catering. -25 2019  2020  2021  2022  2023*  2024*  2025*  Sources: SORS and NBS. * NBS projection. A responsible fiscal policy plays an important role in the fight against external shocks and high inflation.