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ECB Financial Stability Review
◾Euro area systemic stress at lowest level since the onset of the financial crisis in 2007 despite intermittent financial market turbulence ◾Progress continues in balance sheet repair following the euro area crisis, boosted by the successful completion of the ECB’s comprehensive assessment of significant banks ◾The economic recovery nonetheless remains weak, fragile and uneven – and could potentially reinforce financial stability risks, against a backdrop of a global search for yield Systemic stress among euro area banks and sovereigns declined further to levels last seen before the onset of the global financial ... (full story)