It can be assessed that such responses have produced the intended effects so far; for example, avoiding the kind of significant tightening of financial conditions that initially had been anticipated. Next, I would like to mention two points that I bore in mind in the process leading up to the Bank's series of policy decisions.
Work will be undertaken by the Nationale Bank van België/Banque Nationale de Belgique and De Nederlandsche Bank based on their existing system. As you can see a range of different organisational models are explored to achieve maximum synergies, e.g.