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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.