Financial Stability Review
The Financial Stability Review provides an overview of potential risks to financial stability in the euro area. It aims to promote awareness in the financial industry and among the public of euro area financial stability issues. It is published twice a year, with the next release set for November 2026.
For the media
The outlook for euro area financial stability is shaped by geoeconomic stress and energy supply disruptions.
Read the press releasePresentation slides
View the key messages and findings as presented by Vice-President Luis de Guindos in the press conference marking the latest release.
See the slidesWhen shocks collide: AI, war and financial stability – In Conversation with John Fell
War in the Middle East, soaring energy prices and upside risks to inflation are clouding the financial stability outlook for the euro area. How resilient are banks and markets? Are investors underestimating geopolitical risks? And how exposed is the financial system to stretched asset valuations? In this episode of Euro Matters, Paul Gordon speaks with John Fell about these questions and more.
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Euro Matters
In some previous episodes of Euro Matters, the ECB's podcast, our host talked to experts about topics and trends that matter for financial stability in the euro area.
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Macroprudential policies
The Macroprudential Bulletin provides insight into our work in the field of macroprudential policy. The aim of the Macroprudential Bulletin is to raise awareness of macroprudential policy issues in the euro area and to foster broader discussion on key macroprudential issues.
Macroprudential Bulletin