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The Board of the Central Bank decided to increase the monetary policy rate from 4.00% to 4.50% in April. The Bank now expects inflation to return to the target range between the second and third quarter of next year.

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In 2022, the stress test to which the ECB periodically submits European banks, is organized around different climate risk scenarios. This new exercise will be a challenge and a learning process for both the supervisor and the supervisee.