Although some progress has been made in making it less costly for banks to defend their legal rights and implement collection efforts, adding to certainty in the sector, there is still a long way to go. In particular, in cases of nonpayment, the judicial, sentencing and enforcement processes remain time consuming and arduous.
And that would be totally counterproductive… Others make a more admissible remark and say: “Your definition of price stability is in line with a good anchoring of inflation expectations. This is good for growth. But are you not doing too much?