It would seem then that the work has been progressing in the right direction to create a more resilient and efficient financial system. Nevertheless, I want to make a few comments on aspects that I consider more important or are being insufficiently addressed.
Conclusion When we announced the PEPP one year ago, the Governing Council declared that it would do everything necessary within its mandate and explore all options and all contingencies to support the economy through this shock. Looking back at the past year, I think we can affirm that we have delivered on this commitment.