- Financial markets remain exposed to adverse macro-financial and geopolitical developments, potentially amplified by vulnerabilities in some non-bank financial institutions
- Full impact of tighter financial conditions on real economy yet to be felt
- Higher borrowing and debt service costs will increasingly test resilience of euro area households, firms and governments
- Euro
area banks see profitability benefit from rising interest rates but
face headwinds from higher funding costs, worsening asset quality and
lower lending volumes (...)
To really change the EU, the northern flank must take the lead
-
Nine like-minded member states would be enough to break the logjams on
reform
2 ore fa
Nessun commento:
Posta un commento