“A decade ago, we embarked on a journey to establish European supervision to address the vulnerabilities exposed by the financial crisis and complete our monetary union. It was a bold step, born out of necessity and vision. Ten years later, it is clear that European banking supervision has not only met, but exceeded, our expectations.

As we look ahead to the next decade, we must harness this same determination and energy. Our aim is clear: to ensure that European banks are in an even better position to fund the economy. This means creating the conditions for a genuine single banking market – one that allows us to leverage the combined financing power of our banking system to overcome the challenges Europe is facing.”...

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