Financial crisis, what financial crisis?
"
The banking sector in the euro zone is resilient and has solid capital and liquidity positions"
, wanted to reassure the European Central Bank (ECB), supervisor of European banks, after a Council of Governors, Thursday, in Frankfurt.
The ECB intends to use all its weight to dissipate nervousness in the markets since the implosion of Silicon Valley Bank, across the Atlantic, last week, and the collapse of Credit Suisse on the stock market on Wednesday.
It ensures "
carefully monitor the current tensions on the markets and stands ready to take the necessary measures"
which would be necessary to maintain financial stability.
The big European moneymakers did not have a shaky hand to confirm the 0.50 point rise, expected for weeks, in their main key rates, bringing the ECB deposit rate to 3%.
See alsoStopping financial panic or taming inflation, the ECB's dilemma
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We are not wavering in our commitment to fight inflation…
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