Stronger growth improves financial conditions in Europe – ECB review
Manufacturing activity and consumer sentiment bolsters growth across the region
Financial conditions in Europe have further improved in the second half of the year as businesses and consumers support stronger GDP growth across the continent, the European Central Bank financial stability review finds.
Sovereign financing conditions have also improved as political uncertainty related to electoral processes has receded since the election of Emmanuel Macron as French president in May. But the review, published on November 29, warns that “sovereign debt sustainability concerns
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