Uncertain times call for a strong Netherlands and a strong Europe
Press release
It is precisely in these uncertain times that we must strengthen the Dutch economy. And this requires a strong European Union that is more resilient and autonomous.
Everything we do in a European context also affects the people in the Netherlands. At De Nederlandsche Bank, that is why we are working on European regulations for the financial sector. For example, we are committed to strengthening the Banking Union. We also work to create a capital market union. This way you can make investments in Europe without having to deal with all the different local rules. It will also help businesses and consumers to gain better access to capital. This, in turn, is important for the stability and diversity of our financial system, which means it is good for our economy. We carefully monitor economic developments in Europe and beyond. We look at how these developments affect us and what we can do about them. We are contributing to the ECB’s strategy review, and we regularly publish analyses and surveys.
Press release
It is precisely in these uncertain times that we must strengthen the Dutch economy. And this requires a strong European Union that is more resilient and autonomous.
Speech
‘Our role as a central bank may be modest, but we are fully committed to doing our part to support you‘, said Olaf Sleijpen in a panel meeting with students at the National Bank of Ukraine, in Kyiv last Thursday.
Background
The European Central Bank (ECB) kept the interest rate at 2% again in February. It has done so for five consecutive meetings, because inflation is stabilising around the 2% target, while the economy is growing steadily but still faces uncertainties.