- Europe’s financial system has avoided the worst-case scenario of severe systemic risks materialising at the same time
- Policymakers need to remain proactive and alert to financial stability risks as and when they arise
- Firmly convinced that the joint action of the EU financial stability community at large will be sustained and unwavering
- That allows the warnings issued to help avoid damage to the economy
- Full speech
There’s nothing in there on monetary policy, so carry on as you will.
This article was written by Justin Low at www.forexlive.com.
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