Financial stability risks from geoeconomic fragmentation
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) have published a joint report, “Financial stability risks from geoeconomic fragmentation,” introducing a new framework to monitor how rising geopolitical tensions impact the financial system. Key Highlights: Economic Impact: Geopolitical shocks are increasingly driving macro-financial uncertainty, leading to tighter financial conditions, increased risk […]