Despite the progress 9  made over the last few years, the role of capital markets is still too limited, also in comparison with the other large economies in continental Europe. Policies to support non-banking funding sources for firms should be pursued; banks can accompany and benefit from these developments by expanding and innovating the range of services provided.
In line with the rest of the world, the improved conditions in the financial markets have not succeeded in improving real economic activity up to this stage.