
Rapidly shifting geopolitical environment could test euro area financial stability
Press Release – 21 May 2025 A marked spike in uncertainty across global trade, defence, international cooperation and regulation policies could prove challenging for financial stability, according to the May 2025 Financial Stability Review, published today by the European Central Bank (ECB). Frequent shifts and reversals in tariff policy, alongside significant changes in the geopolitical environment, could have major economic and financial impacts. While global macroeconomic … Continue reading Rapidly shifting geopolitical environment could test euro area financial stability