After the countless institutions and committees created on a European level, but also at the level of the EU member states, to ensure financial stability, why is the ECB bringing back the issue of state aid for banks? Doesn't this automatically discredit the central bank in the Eurozone as overseer of the banks of systemic importance? A day after the statements of the ECB officials, it was the turn of the governor of the Bank of Italy, Ignazio Visco, to mention that "in times of high uncertainty, the intervention of the state cannot be ruled out", because there is a risk of confidence in the banking system decreasing, as Financial Times writes. The questioning of the application of the European banking resolution framework, just a few months after its coming into effect, shows that indeed, the situation of the banking system in Europe is much more dire than the authorities will admit. Nevertheless, it is quite unlikely we will see defaults, in the classic sense of the word, among banks of systemic importance, but the escalation of the tensions between the governments of the Eurozone and the "separatist" tendencies is very likely. Until the market is allowed to function and to "clean up" the bank balance sheets, the European crisis will continue, despite the states' interventions, because it is increasingly clear that the printing press of the ECB will not help with financial stabilization and does not resolve the problem of the banks' solvency. Any other "solution" does nothing but impose unbearable costs on European citizens and transform the resumption of economic growth into an impossible dream.