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Increased flood risks caused by climate change will also affect banks
(22.01.2021)
Bank of Finland Bulletin. Analysis
Bank of Finland Bulletin. Analysis
Due to climate change, extreme weather events will become more frequent, resulting in material damage to buildings and other infrastructure. In Finland, for example, this will probably increase the risk of coastal floods. ...
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 ...