Geostrategic magazine

Argomenti chiave per la stabilità finanziaria in Europa (fonte: Elcano Royal Institute)

Nadia Calviño

Since the beginning of the 21st century, the world economy has confronted at least three crises with a significant impact on financial stability: the dotcom bubble that burst around 2001, the Great Financial Crisis starting in 2007, and the economic and social shock generated by the Pandemic in 2020. Regardless of their very different scopes and origins, they have some features in common and provide useful lessons to address the current environment of financial volatility, inflationary pressures, growing liquidity constraints and a sharp increase in interest rates, aggravated by the war of aggression against Ukraine.

Key topics for financial stability in Europe – Elcano Royal Institute (