Greece continues to trigger fears of a renewed Eurozone crisis though the European Finance Ministers appear to have reached an agreement to extend Greece’s financial rescue plan for  1  IMF World Economic Outlook Update, January 2015. 2  U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound: Larry Summers. BIS central bankers’ speeches  1  another four months.
Moreover, a memorandum of understanding was signed between EU central banks and supervisory authorities in March 2003 in order to ensure that effective co-operation across central banks and banking supervisory authorities would arise in a cross-border crisis. Conclusion Ladies and gentlemen, let me briefly conclude.