ECB: de Guindos, worsening financial stability picture

(ANSA) - ROME, NOVEMBER 14 - The ECB is preparing to further deteriorate its assessment of financial stability prospects in the Financial Stability Review it will publish on Wednesday.

    This was anticipated by the vice president of the ECB Luis de Guindospeaking at the 25th edition of the Frankfurt Euro Finance Week.

   "The worsening economic and financial conditions have further increased the risks to financial stability," said de Guindos, explaining that the possibility of "price readjustment and liquidity difficulties make financial markets and non-bank financial institutions vulnerable to a disorderly revaluation of the risks".

(HANDLE).