The individual credit information database will help improve university students’ credit record and facilitate the implementation of student loan policy. For companies and individuals, having a good credit history will not only make it easier to get bank loans, but also helps them get loans on favorable terms.
By deploying a range of conventional and unconventional monetary policy measures, the European Central Bank (ECB) avoided deflation, reduced financial fragmentation and supported the economic recovery. We’ve done it within the mandate given to us by the people of Europe, namely price stability. And we are fully accountable to the European Parliament and the European Court of Justice.