While these targets are clearly set, there may be somewhat more conditionality needed to reach the goals stated earlier, especially with respect to supporting the green transition. I will come back to this in my conclusions. Did the crisis change our way of thinking? It is too early to judge whether the COVID-19 crisis will have a lasting impact on economic policymaking.
BIS central bankers’ speeches  1  Under this scenario, in order to break in a definite and conclusive fashion the adverse feedback loop between the deterioration of economic activity and the fiscal and financial conditions in Europe, it is crucial for authorities to implement urgently policy actions aimed at restoring confidence as soon as possible among economic agents.