(ANSA) - ROME, NOVEMBER 17 - The debt situation of the Eurozone countries has benefited from the recovery and favorable financing conditions.
However, "if financing costs were to rise and economic growth turned out to be below expectations, this could put sovereign debt dynamics on an unfavorable trajectory, especially in countries with higher debt, and contribute to a certain revaluation of sovereign risk by the markets".
This is one of the risks highlighted by the ECB's Financial Stability Review.
According to the document, "even if these events, in particular the return of the interest-growth differential to the historical average, are not highly probable, risk monitoring should continue".
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