In the case of one Bank, placements could not be traced to the bank’s records though  some  customers  showed  proof  of  their  investments with the Bank. 10 | P a g e   Irregular  board  meeting  also  accounted  for  the  weaknesses in the board oversight.
A fiscal stance that takes account of the condition of the euro area economy and is aligned with the monetary stance of the central bank. After all, decisions on spending and taxation are the responsibility of national governments. Discretionary fiscal stabilization policy is possible, but only as long as the conditions of the SGP are satisfied.