Central and Southeast European (CSE) countries without doubt appear to be the ones with the lowest prices in the European Union. Poles, Hungarians or Romanians pay less for basic food products than Danes, Swedes or Brits.
In its strategy for 2017-2020 the EBA will focus on the introduction of a leverage ratio and liquidity, evaluation of the banks' internal models, preparation of recovery plans, convergence of supervisory measures, consumer protection and financial innovation.
The Stability and Growth Pact says the EU countries have to maintain a fiscal deficit no higher than 3 per cent of the GDP and reduce their public debt below 60 per cent of the GDP. All the countries have decreased the fiscal deficit, but not the level of debt.