Accounting functions such as the provision of internal information, documentation, ascertainment of profits and losses and informing the market are also useful for banking supervision. It will therefore come as no surprise if I emphasise the advantages of a prudent determination of profit in the banking field with the aim of capital maintenance.
These are steps in the right direction. But these are just first steps. We need to continue on this path so that unemployment decreases further and more Europeans can benefit from the recovery.