All these measures have been supported by prompt communications, which helped reassuring the market on the readiness of the ECB to take adequate measures. Some central banks conducted also other actions, which mainly included expanding the range of eligible collateral and of counterparties.
Therefore, it is necessary to continue the steady implementation of the four-step cycle mentioned earlier. Against this background, I would like to mention climate-related risk as an example of a new issue for financial stability. Nationwide efforts have continued in the recovery from the damage caused by Typhoon No.