Then there is doubt about the future of Europe, growing criticism of globalisation and uncertainty about the geopolitical landscape. Meanwhile, the world is trying to achieve the Sustainable Development Goals and implement the Paris Agreement. 1  Banks will have to adapt – perhaps contribute – to this and the question is how. What is an appropriate business model or strategy?
Before coming to an end, let me touch on my final question on the future outlook of the overall economy and consumption and retail in particular. [Slide 7] Recent statistical releases and survey evidence continue to be consistent with the picture of a positive underlying momentum of the recovery in the euro area. The global recovery is expected to continue.