Europejski Urząd Nadzoru Bankowego, Raport na temat ryzyk

08 September 2021

JC 2021 45

JOINT COMMITTEE REPORT ON RISKS AND VULNERABILITIES IN THE EU FINANCIAL SYSTEM

EXECUTIVE SUMMARY AND POLICY ACTIONS

After over a year since the COVID-19 pandemic started, the financial sector has largely proved resilient in the face of its severe economic impact. A range of fiscal, monetary and prudential response measures as well as the availability of capital buffers have been essential in dampening the impact of the crisis. As the recovery begins, the appropriate phasing out of exceptional crisis measures plays a key role. Despite the positive outlook, the expectations for economic recovery remain uncertain and uneven across member states. Vulnerabilities in the financial sector are increasing, not least because of side effects of the crisis measures, such as increasing debt levels and upward pressure on asset prices. Also, expectations of inflation- and yield growth, as well as increased investor risk-taking and financial interconnectedness issues, might...