The Danmarks Nationalbank Act from 1936 states that Danmarks Nationalbank shall ”maintain a safe and secure currency system in this country, and […] facilitate and regulate the traffic in money and the extension of credit”. The approach in Danmarks Nationalbank is to consider the general risks to the financial system rather than the risks to the individual financial institutions.
2 Economic outlook In the euro area, economic output fell slightly in the first quarter of this year. In the current second quarter, we expect a slightly positive growth rate. In the services sector, sentiment is above its long-term average. Industry sentiment, by contrast, is below its long-term average for the first time since the end of 2020. Also, consumer confidence remains very low.