And there is no end in sight. The German Federal Government has clearly condemned this attack on an independent sovereign state: nothing and no one can justify it. The Bundesbank supports the Federal Government. We are thus implementing the agreed financial sanctions against Russia in Germany. And I would like to add that I wholeheartedly support the sanctions.
In our role as banking supervisors, and given our financial stability mandate, we are also keeping a close eye on current developments at banks and on financial markets. And we are doing our part to ensure the stability of the financial system.