Moreover, the capacity to respond with fiscal policy to another economic downturn, should there be one, would be much more limited. 2  BIS Review 93/2009  Over time, these constraints will tend to become more apparent. Of course they might be disguised for a while under conditions of higher inflation.
  The perspective of Greek systemic banks. The Bank of Greece acknowledges the importance of sustainability both for the financial sector and the economy at large. In this context, the Bank of Greece has been thoroughly studying since 2009 climate change with emphasis on the assessment of its environmental and social impact.