For DNB and AFM that means we have to take our responsibility to regulate these new developments: next to our supervision of PSD2, we will likely be tasked with the  2/3  BIS - Central bankers' speeches  supervision of open finance, and that will have consequences for our mandates.
That said, the crisis turned from a financial market crisis into a broad economic crisis throughout the region. The global loss of confidence and the slump in demand for exports almost interrupted the convergence process of the catching-up economies. What followed were falling stock prices, increasing risk premia on bonds and – in some cases – a downward rally of currencies.