Ending “too big to fail” To end “too big to fail,” the FSB has adopted a three-pronged approach, known as the Systemically Important Financial Institution (SIFI) framework.
The euro underlines the validity of this proposition as well as the need for systematic and determined efforts towards implementing the necessary reforms. As the euro area economy becomes more productive, flexible and competitive, its growth performance will improve, benefiting from both an enhanced capacity to produce as well as increased confidence that can boost investment and consumption. Thank you for your attention.