Though this market has increased fairly much in terms of total outstanding in the post-1999 period, the corporate bond market continues to account for a small fraction of the euro-zone debt market (see slide 12). Corporate finance traditions in Europe favouring the banking model may be one explanation for this.
Notice that the second cell for the November 2010 row is the forecast for inflation over the course of 2011, and the second cell for the October 2011 row is the forecast for inflation over the course of 2012. We generally think that monetary policy operates with a one- or two-year lag.