important steps are being in direction particularly through creation a european systemic risk board azerb will close the current and make a prudential supervision of system but wi
Important steps are being taken in this direction, particularly through the creation of a European Systemic Risk Board (ESRB), which will close the current gap in macro-prudential supervision of the EU financial system, but it is vital to move forward with proposals for strengthening the Stability and Growth Pact in order to ensure budgetary consolidation and also to address other macro-economic imbalances and strengthen enforcement procedures.
Important steps are being in direction, particularly through creation a European Systemic Risk Board (ESRB), will close the current in macro-prudential supervision of system, but vital to forward with for strengthening the Stability and Growth in to ensure and also to address other macro-economic and strengthen enforcement procedures.