Risks to financial stability within the European Union have increased noticeably, with widespread slumps in asset prices a key threat, according to the bloc’s panel of central bankers and regulators monitoring the dangers.
The European Systemic Risk Board -- a committee chaired by
The gathering followed a period of such market volatility that she and colleagues were forced to pledge the development of a new anti-crisis tool.
This is what they said on overall threats:
“Risks to financial stability have increased perceptibly ...