Latest news and articles about financial-stability from NEX English
The European Central Bank warns that ongoing trade tensions and the Iranian war could negatively impact the Eurozone economy. The semi-annual financial stability report highlights increasing risks.
Luis de Guindos, Vice President of the European Central Bank, urged caution in setting interest rates amid high uncertainty due to the war in Iran. This statement comes ahead of the ECB's upcoming meeting next week.
In March, the Romanian Central Bank spent over <strong>€1 billion</strong> (approximately <strong>$1.2 billion</strong>) to protect its currency from the negative impacts of global disruptions caused by the Middle East conflict. This action comes at a critical time as Romania seeks to maintain its financial stability amidst market volatility.