Historical data indicate that growth of the Latvian economy in the post-crisis period is becoming slower and it does not go unnoticed that we are facing problems of a structural nature.
The benefits of European supervision European supervision brings three important benefits when compared with the fragmented system of national supervision. First, European supervision harmonises supervisory practices. It has merged the 19 national approaches into one single supervisory method. The Supervisory Review and Evaluation Process allows supervisors to treat all banks equally by measuring risks against the same yardstick and setting capital requirements accordingly.