BIS Review 124/1999  2  Most of the loans - more than 90% - are issued to the private sector. A gradual shift towards medium- and long-term lending normally associated with lending to the productive sector of the economy has been ongoing and currently accounts for 63% of total loans.
Millions of people have been displaced, many of them coming to Germany, to Berlin. This tragedy is a watershed for Europe and it calls on all of us to revise our ambitions. And we, as the central bank of the euro area, will play our part too. On 10 March the ECB’s Governing Council expressed its full support to the people of Ukraine.