80. To support the achievement of our vision, we want to ensure that all potential resources within our control are functioning more effectively. Therefore, our new strategic values, which comprise (1) upholding trust and integrity, (2) promoting professionalism, (3) seeking perfect performance, (4) prioritizing public interest, and (5) strengthening coordination and teamwork, will be continually strengthened to support the achievement of that vision.
Back then we didn’t have macroprudential policy and, when the shock hit our financial system, we experienced the deepest fall in real estate prices ever seen in our country. We lost around one third of the market value of residential real estate. Unemployment tripled. And GDP contracted by 15 per cent. We experienced one of the deepest economic recessions in the EU.