This is important to facilitate access to finance, especially for those enterprises that do not have recourse to market-based financing. To sum up, the current key ECB interest rates remain appropriate. Taking into account all the information and analyses that have become available since our meeting on 14 January 2010, price developments are expected to remain subdued over the policy-relevant horizon.
Digital transformation can strengthen competition and the supply of innovative products and services, often across borders. This means that businesses in smaller countries like Greece can penetrate international markets and obtain financing for their innovative ideas. Furthermore, the new financial technology ecosystem can function as an incubator for cooperation between incumbents and start-ups, benefiting all participants across financial sectors.