Financial crises and instability are detrimental to economic growth, employment and investment. Financial stability depends, first and foremost, on the responsible behaviour of banks, investors and borrowers. Through regulatory and supervisory activities, the authorities seek to ensure that risks to the financial system are kept under control.
Current topics in financial stability
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Resilience of European banks is good, but financial stability risks are elevated amid geopolitical uncertainty – European Systemic Risk Board’s latest assessment -
Governor Olli Rehn: Financial stability in the world of geopolitical fragmentation and rapid technological change -
Coronavirus pandemic demonstrates necessity of risk buffers -
Macroprudential toolkit calls for instruments which address all household lending -
Household indebtedness increases vulnerability of the economy