Linde fears ‘revival’ of debt sustainability concerns
Banking sector is challenged by changes in regulation and supervision, says governor
Bank of Spain governor Luis Linde believes there is a "risk of a revival of concerns about the sustainability" of the European sovereign debt, especially in the "context of low nominal growth".
Speaking yesterday at a banking industry meeting, Linde said this risk has not "disappeared" and could be "reactivated" in the case of a substantial decline in macroeconomic conditions.
The Bank of Spain governor also highlighted other challenges facing the European banking sector, stemming from
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