Italian crisis and trade tensions are raising eurozone risk – ECB
Emerging market stress and fears of protectionism may drag down global growth, ECB says
The European Central Bank says financial stability risks in the eurozone have risen over the last six months, due in large part to political tensions.
“The euro area financial stability environment has become more challenging since… May,” the ECB says in its latest financial stability review, published on November 29. One major reason is the growing political tension between the Italian government and the European Commission.
Stressed emerging markets and rising protectionism are also
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