ECB warns array of risks threatens financial system

Luis de Guindos calls on governments to avoid fiscal policies running against tighter monetary policy

Luis de Guindos
Luis de Guindos
Adrian Petty/ECB

The eurozone’s economy is grappling with a growing set of risks that are endangering the financial system, the European Central Bank (ECB) said today (November 16).

Weaker growth prospects, higher inflation, and tighter financial conditions are reducing households’ and firms’ purchasing power, warns the latest ECB’s financial stability review. Additionally, lower liquidity increases the risk of sharp asset price reductions, which could threaten investment funds’ resilience.

Against this

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.