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The COVID-19 crisis built up indebtedness and increased external financing needs in low-income countries
(16.11.2021)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
The shock of the COVID-19 pandemic and the associated deterioration in the economic outlook has exacerbated solvency concerns and increased the risks of debt restructurings in low-income countries (LICs). Financing conditions ...
How has the feedback loop between banks and sovereigns changed since the crisis years?
(27.04.2018)
Bank of Finland. Bulletin 1/2018
Bank of Finland. Bulletin 1/2018
One aim of Banking Union is to weaken the feedback loop between banks and their sovereigns so that increases in banks’ credit risk would no longer be reflected in sovereign credit risk and, conversely, banks’ financing ...