Europejski Urząd Nadzoru Bankowego, Sprawozdanie roczne EBA (2022)

EBA's annual report (2022)

Chair’s introduction

Another challenging year reinforced the urgency to act collectively in a more decisive and timely manner.In 2022, we operated in a rather challenging and uncertain environment with many disruptive factors to grapple with. First and foremost, we were confronted with the Russian invasion of Ukraine, which not only fuelled unprecedented humanitarian needs around the globe, but it was also a major blow to the global economy, hurting growth and raising prices. We also had to deal with the lingering effects of the Covid-19 pandemic, the inflationary pressures and increasing supply chain concerns, the interest rate volatility, and the fallout from Brexit. The war also rekindled and even galvanised the debate on several long-standing European Union (EU) initiatives, including the EU climate strategy, and the digital finance strategy, and reinforced the collective urgency to act more decisively and more quickly. We cannot afford to wait until it is...