BIS central bankers’ speeches  3  For example, total operating costs for banks in Trinidad and Tobago average about 6 per cent of total assets compared with under 2 per cent in the EU and 3 per cent in the US and about 4 per cent in most emerging markets.
The Governing Council considers it necessary that other policy areas make a decisive contribution to bolstering confidence in the euro area’s growth potential, particularly by means of firm structural reform measures to enhance the sustainability of public finances and the efficiency of labour and product markets.