Watering down the existing rules appears a tempting strategy in the short run, ECB Banks

since it would make balance sheets look healthier than they are. 

However, it would recreate the very problem that occurred after the financial crisis of 2008 and the ensuing European sovereign debt crisis, as banks used supervisory forbearance to avoid dealing with their mounting bad loans.

Ferdinando Giugliano Bloomberg 21 september 2020 

https://www.bloomberg.com/opinion/articles/2020-09-21/coronavirus-is-it-time-for-the-ecb-to-get-tougher-on-banks