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.
Background
Our economy depends heavily on global supply chains. Disruptions in these chains – for example due to geopolitical tensions – leave us vulnerable: prices of goods from abroad may rise, and inflation increase. Read the key findings from our Analysis below.
News
Disruptions in global supply chains are driving up inflation in the Netherlands and Europe. Central banks’ efforts to counteract inflation once it has affected the economy entail economic costs and fail to reverse the underlying supply chain disruption.
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.