A case in point is the interplay between the financial and real sides of the economy. The development has shown that we have quite a lot of work to do. Danmarks Nationalbank is very much involved in this work, as regards both the production of statistics and analysis of the data collected.
These critical functions have to be maintained; otherwise financial stability would be at risk. The decisive factor – as always when it comes to money and finances – is credibility. Is it possible to introduce a credible resolution regime with the existing structures? Or are these structures too complex for a realistic market exit? The TBTF problem desperately requires a solution.