In short, the purpose is to ensure that institutions and the respective managers actually meet their responsibilities for the safety of the funds entrusted to them, and report to the stakeholders on the performance of the respective institution. After this general overview, I will make a brief presentation of the key measures included in the adjustment programme in the field of financial stability.
3rd – The role of financial stability in the adjustment of the Portuguese economy In Portugal, the banking system has been playing a fundamental role in meeting the growing financing needs of both the Portuguese economy and households, offsetting the – chronic – scarcity of domestic savings through recourse to external financing, chiefly after joining the Economic and Monetary Union.