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Euro zone faces tense times in the wake of Brexit and Trump warns ECB

2016-11-24 38 Dailymotion

The European Central Bank has warned of a growing risk to financial stability in the euro zone.<br /><br /> The ECB fears some members will be unable to sustain their debt with the potential to increase pressure on the euro zone’s weaker economies. <br /><br /> European Central Bank board member questions non-euro CCP supervision https://t.co/VksJwruENo pic.twitter.com/BvybexEzyA— Bloomberg Terminal (@TheTerminal) November 15, 2016<br /><br /> In yet another gloomy forecast the bank says the new politics, including Brexit and the Trump administration, provides the climate that could lead to turbulence and volatility. <br /><br /> The possible political upheaval facing a number of advanced economies in the coming year may fuel market shifts leading to financial contagion.<br /><br /> The euro zone remains a low growth environment and as such is vulnerable to market jitters.<br />

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