https://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp201126~c5c1036327.en.html  15/19  01/12/2020  Monetary policy in a pandemic: ensuring favourable financing conditions  First, the commitment by the central bank to ensure favourable financing conditions supports confidence levels among consumers, firms, financial intermediaries and governments. Second, this commitment also reduces the likelihood of the materialisation of the adverse realfinancial doom loops outlined above.
•  It reduces the need for our own resource input in IT by offering an almost fully-fledged system as well as the equipment to run the system. •  It supports harmonisation of the Eurosystem's cash distribution function towards a Single Euro Cash Area. •  It is in line with the Eurosystem's mission, strategic objectives and organisational principles.