- ESRB helps to protect the economy from the financial system
- Politicians must continue fiscal reforms
- There are reasons to be confident on the Euro economy
- Setback in reforms is a ‘risk’
- Feedback loop from financial instability is a risk
- EBA is doing important work on banking
- Need to rebuild trust in the financial system, which remains impaired
- Investors need reassurance on asset quality
EUR/USD’s not a ‘happy bunny’ eating into the earlier mentioned bids in 1.2920/30 with a day’s low now of 1.2921
