In this regard, Japan's financial system has been maintaining stability on the whole, while COVID-19 continues to have a significant impact on economic and financial activity at home and abroad. Nevertheless, it is necessary to continue to pay attention to the possibility that credit costs will increase due to a delay in economic recovery at home and abroad.
A few days ago, the European Council called on national legislators to give absolute priority to the talks under way so as to define the new legislative framework before 1 January 2013, to be implemented in the months that follow.