Uncertainty hampers financial intermediation
Pesola, Jarmo; Taipalus, Katja (17.11.2011)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075195
Risks in the economy have increased, as uncertainty about the euro area debt-problem countries' ability to meet their debt-servicing targets has increased and the group of countries next in the line has expanded. The metamorphosis of the sovereign debt crisis into a systemic risk has had a significant impact on the financial markets and financial intermediation in the area's economies.