There are essentially three options for banks to  BIS central bankers’ speeches  1  pursue to raise their capital ratios as demanded by the European Banking Authority: they can raise their capital levels, sell assets or reduce their provision of credit to the real economy.
In choosing this charity, we would like to promote language acquisition – one of the most important factors for integration – and tolerance towards other cultures. This is in line with the underlying principle of the EUROPEAN CULTURAL DAYS: “Unity in Diversity”. 2  BIS central bankers’ speeches