Productivity and employment are slowing. Smallness is not conducive to research and development, which is indispensable for technological innovation and international opening, both crucial factors in competition between national economies. In the last decade Italian industry has also been impoverished by the loss of important branches of manufacturing. The Italian car industry has encountered serious problems.
Moreover, today any person in Ukraine can address the NBU with a request to protect their rights if they have been violated by a bank. In the near future, we will have even more options to ensure financial stability after the NBU has stepped in as a regulator of nonbank financial institutions on 1 July.