European Central bank Financial Stability Report
This Report Should Be Really Negative
Starts Wednesday, May 27, 2020 at 08:00
Updated Thursday, May 21, 2020
The economic growth has been slowing down considerably during this year in the Eurozone. In fact, in recent months the services and the manufacturing sectors have been in contraction in the Eurozone and especially in Germany. Many analysts have commented recently that the Eurozone economy is close to stagnation and that the central bank as well as politicians are ignoring it. But, the ECB accepted defeat in the March meeting. They have sounded increasingly dovish since manufacturing and industrial sectors are in great difficulty, especially in Germany, and they cut deposit rates and also introduced another round of QE. The ECB started the PEPP programme, but let's see if they are taking more measures to fight the recession. Please follow us for live coverage in real time of the event by experienced analysts.
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About European Central bank Financial Stability Report
It's an assessment of conditions in the financial system and potential risks to financial stability - the evidence on strains and imbalances can provide insight into the future of monetary policy.