  Finally, regarding the modelling of bank profitability, we currently focus much of our efforts on simulating net interest income, because this remains the most important profit component for the majority of EU banks. Other items affecting bank earnings, such as trading income, fees and commissions, taxes and dividend policies, are generally based on judgemental assumptions or extrapolations.
We also need to agree on the height of the defences we are putting in place as this is linked to the overall level of protection we are aiming at. This will determine the appropriate level of capital. The official goal of the Delta Project is to reduce the risk of flooding.