ECB’s Lagarde says Europe’s financial system has avoided worst-case scenario
ECB president Christine Lagarde to open the ESRB conference
Europe’s financial system has avoided the worst-case scenario of severe systemic risks materializing at the same time
Policymakers need to remain proactive and alert to financial stability risks as and when they arise
Firmly convinced that the joint action of the EU financial stability community at large will be sustained and unwavering
That allows the warnings issued to help avoid damage to the economy