The potential for an "abrupt reversal" of the global search for yield is the main threat to financial stability in the eurozone over the next 18 months, according to the European Central Bank (ECB).
In its latest financial stability review, published today, the ECB also highlights weak bank profitability and, to a lesser extent, the sustainability of sovereign debt as key risks.
Underlying each of these risks is the "weak, fragile and uneven economic recovery" in the eurozone, which is at odds w
- Central banks may be thinking wrongly about inflation – Borio
- European Commission announces supervisory agency reforms
- Bank of Russia will be able to handle fallout from failing banks, analysts say
- Riksbank outlines three visions of ‘e-krona’
- Uruguay’s digital currency pilot ‘close to launch’, says governor