Progress in this direction could be achieved through measures designed to forge closer bonds between banks, along the lines of the institutional protection schemes introduced by European legislation and already adopted in other countries; this would make it easier for them to obtain liquidity or capital in case of need.
This may be an opportunity to assess the economic and social policy for the term of the next government. A reasonable starting point would be to ask where the economy will be heading if the present background factors – namely the world slowdown and the conflict with the Palestinians – will endure, and we continue with present policies.