All in all, a high degree of price stability has been achieved in the euro area in line with the ECB’s mandate. But more than that, our stability-oriented monetary policy has acquired credibility and both short-term interest rates and long-term bond yields are at historically low levels in nominal and real terms.
Initiatives taken in Japan  In 2013, Japan’s Financial Services Agency compiled a report that showed the future direction of financial education, drawing on the experience of the global financial crisis.