How many more years do you have to go? http://al4a.fun/al4avideos/ al4a Since the summer of 2012, substantial progress has beenmade in improving the funding situation of banks and, inparticular, in strengthening the domestic deposit base in anumber of stressed countries. In order to ensure an adequatetransmission of monetary policy to the financing conditions ineuro area countries, it is essential that the fragmentation ofeuro area credit markets declines further and that theresilience of banks is strengthened where it is needed. Furtherdecisive steps for establishing a banking union will help toaccomplish this objective.