CBK has established a Work Continuity Team and an Inter-Institutional Committee has been established between the CBK, the Treasury and the Banking Association to ensure the smooth functioning of the financial system in the country.
The possibility cannot be excluded that increased uncertainty about the political support for a stability-oriented monetary and fiscal policy has contributed to the weakening of the euro. Through pursuing a stabilityoriented monetary policy, the Eurosystem underscores the confidence that the world has in this young currency, the euro. What flexibility is left to national governments?