At the MPM, we decided on specific handling of measures from a perspective of what might be the most effective method that conforms to the degree of improvement in the acute pain, and will ensure financial market stability and thereby facilitate corporate financing.
Finally, Irish banks and credit unions have become better able to absorb shocks, rather than amplify them. [xxxiii] Well-functioning credit institutions are important platforms for economic prosperity. Banks now have higher capital ratios and more stable sources of funding, and the banking system is smaller. Mortgage arrears have also fallen significantly. [xxxiv] Yes, of course there is more work to be done.