The Supervisory Board is the highest body of the ECB where, in practice, substantial debates take place on supervisory decisions. Proposals are brought to the Board by the JSTs and debated with a view to issue draft decisions.
Given the above figures, there will be no sustainable recovery in employment without a pick-up in productive investment, and that pick-up is also likely to rebalance growth in Europe, which is weak today because it relies too much on demand from the rest of the world, which is uncertain.   Our social model(s) are only as sustainable as our public finances.