Perhaps we were not aware we needed the new arrangements, or perhaps we did not like the costs and effort needed, but these costs should be seen as a form of insurance against future crises.
It is better to be insured  Národná banka Slovenska, Imricha Karvaša 1, 813 25 Bratislava, Slovak Republic www.nbs.sk  than not to be – and it is even better to be paying just the insurance premium than to be forced to draw the insurance benefits. I am sure the future will bring further important challenges.