Frankfurt The European Central Bank (ECB) sees additional vulnerabilities for the financial system as a result of the war in Ukraine and high inflation. “The terrible war in Ukraine has brought immense human suffering,” said ECB Vice President Luis de Guindos at the presentation of the central bank’s semi-annual Financial Stability Report on Wednesday. “It has also increased risks to financial stability through its impact on virtually every aspect of economic activity and financing conditions.”
In its report, the ECB warns of the consequences of high inflation and low growth on the financial markets. She sees vulnerabilities in the real estate market in particular, but not only there. In her report she identified the four biggest risks for the financial system. An overview.
1. Rising inflation and lower growth
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