The General Board of the European Systemic Risk Board held its 38th regular meeting on 25 June 2020
(WorldNews Europe)

Press release 2 July 2020 The General Board of the European Systemic Risk Board held its 38th regular meeting on 25 June 2020 At its meeting on 25 June 2020, the General Board of the European Systemic Risk Board (ESRB) again focused on the consequences of the coronavirus (COVID-19) pandemic for the EU`s economy and the financial system. Even if the acute spread of COVID-19 seems to have been contained in Europe, the economy is still being affected by the severe supply and demand shock it has caused, as well as by the elevated levels of uncertainty regarding the evolution of the pandemic and its economic and financial stability implications. The General Board acknowledged that the rapid and...