1 “... these effects of monetary policy more important but at the same time less easy to predict. In particular...”

2 “... time, weaknesses in the banking sector still exist, especially for some segments of the European...”

3 “... unavoidable. But the right balance needs to be found in terms of the extent and the timing of regulatory...”

4 “... at ensuring the soundness and sustainability of the concerned institutions' balance sheets. At the same time...”

5 “.... It is the "elephant in the room" on which some policy makers have not yet had the time or inclination to focus...”

6