The reason for this is the fact that we have practically come out of winter months, which are particularly risky in terms of energy supply to Europe, and that global economic slowdown is not as strong as initially expected. The current and projected global energy prices are lower, and the euro area has so far managed to avoid recession.
In this regard, I wish to note that, as a practical approach, the SADC region has established a Fintech regional monitoring group comprising representatives from the respective central banks.