EU and Eurozone debts are a risk to global financial stability
EU/Eurozone debts: a risk to global financial stability
Published on 13th April 2023
EU and Eurozone member states understated their debts at the end of 2021 by 44% of EU GDP and their total liabilities by 70%. This represents a major risk to global financial stability, as the understatement causes shortfalls of capital and collateral at the […]