concerns by means of adjusting the proposed directives to limit pro-cyclical effects . Indeed , EU supervisory authorities have a common interest in considering appropriate ways to reduce the risk of heightened pro-cyclicality , since macroeconomic conditions are gradually becoming more closely interwoven , particularly in the euro area .
järelevalve asutustel on ühine huvi leida kohased viisid protsüklilisuse riski vähendamiseks , kuna makroökonoomilised tingimused on üha tihedamalt omavahel seotud , eelkõige euroalal .