We are the central bank of Greece and we have always fully played our role to support the banking system and thereby its ability to fund the economy. This means in particular that we have always ensured that solvent banks remained funded, despite the stress they have been under. But like everybody, we have to act within the law.
Taking account of this mechanism, I see some possibility that medium- to long-term inflation expectations will rise. BIS central bankers’ speeches  5  II. Monetary policy  A.