• ECB governing council member de Cos: European financial system remains fragile and fragmented due to doom loop between sovereigns and banks

Market news

20 May 2019

ECB governing council member de Cos: European financial system remains fragile and fragmented due to doom loop between sovereigns and banks

  • Would favour fiscal transfers in the Eurozone
  • National fiscal buffers may not be enough to accommodate severe common shocks

Market Focus
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