Eurozone banks’ financial stability still fragile, central house says

BANKS in the Eurozone remain vulnerable to external shocks, the European Central Bank (ECB) said today at the presentation of its semi-annual Financial Stability Review, dpa news reported.

“The weak economic outlook along with the consequences of high inflation are straining the ability of people, firms, and governments to service their debt,” ECB Vice President Luis de Guindos said.

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