Insolvencies could jeopardise EU recovery – ESRB report

europe-small

A wave of corporate insolvencies could endanger Europe’s financial stability as governments start withdrawing support measures, a report from the European Systemic Risk Board warns.

The ESRB report calls on governments and banks to start drafting plans for a smooth transition once the pandemic is brought under control. The report, published on April 28, acknowledges the pandemic has not yet increased the level of insolvencies and non-performing loans ratios in Europe.

But it says this is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: