On 29 November 2023, 4:00 p.m. - 5:00 p.m. CET, via Zoom, the SAFE Policy Center and the Centre for Economic Policy Research (CEPR) Research and Policy Network on European Financial Architecture organised a web seminar on

Presentation of the ECB November 2023 Financial Stability Review

with Desislava Andreeva and Jan-Hannes Lang, both European Central Bank (ECB)

Moderator of the Q&A: Florian Heider (Leibniz Institute for Financial Research SAFE & CEPR) 

The November 2023 issue of the ECB Financial Stability Review (FSR) was published on 22 November 2023. Overall, the outlook for euro area financial stability remains fragile, as risks associated with higher interest rates are emerging in the context of a challenging macro-financial outlook and geopolitical tensions. With these developments in mind, the November 2023 FSR assesses financial stability vulnerabilities and their implications for financial markets, the non-bank financial sector, the debt servicing capacity of firms, households and sovereigns, bank resilience and macroprudential policies.

The policy web seminar is a part of the SAFE-CEPR joint seminar series aiming at fostering debates on policy-relevant issues.