First of all, thank you very much. We are not the ones who did the work; it was the financial authorities. We have some leeway as regards monetary policy and we are prepared to use it if the data do not match ours. For the time being, the economy is on the upswing. We have made conservative hypotheses regarding exports. We are waiting for the rate of economic growth to top 2% in the coming quarters. The process of closing up the excess capacity will begin then.
On October 24th, 2016. See this statement in context.