But yes – we need to ascertain the precise situation, and in 2014 that will be the priority of the new European banking supervision mechanism, which will be headed by Danièle  2  BIS central bankers’ speeches  Has the ECB done all it can to stimulate growth? In the context of our mandate, yes.
There are high uncertainties, due to the sluggish employment conditions as well as the financial unrest seen in some emerging market countries, but going forward the domestic economy is expected to grow at a pace that does not diverge greatly from the path forecast in April.