Supervision of the banking system became more  1/3  BIS - Central bankers' speeches  unified, and conducted on the same principles across the entire euro area. Banking supervision policy became part of the common interest, similarly to what monetary policy had been from the very outset.
The agreements reached in the last two years in the matter of public finances have reinforced the commitments entered into previously but they have not established more demanding targets. The new European governance has increased the automatism of coherence checks on policies and objectives and of potential sanctions; countries have been asked to recognize the European rules in their national legislation.