Thursday, May 27, 2021, 14.00 – 15.30 Vienna time (CEST)
Mr. Paul Hiebert, Directorate-General Macroprudential Policy and Financial Stability, ECB
Mr. Fabio Massimo Natalucci, Monetary and Capital Markets Departments, IMF
Ms. Julia Woerz, Foreign Research Division, OeNB
Mr. Reiner Martin, Joint Vienna Institute
Extraordinary policy measures helped to contain the financial and economic fallout of the current global health crisis. With vaccination campaigns gaining traction in many countries, the question of how and when to scale back policy measures without putting financial stability at risk becomes ever more important. Actions taken during the pandemic may have unintended consequences, such as stretched valuations and reduced clarity regarding the soundness of non-financial companies and households, which is likely to weigh on the risk appetite of banks. In addition, the recovery is expected to be heterogeneous between countries and sectors. Given large external financing needs, several emerging markets face challenges, especially if a persistent rise in US rates brings about a repricing of risk and tighter financial conditions. This JVI Webinar will take stock of these and other global and European financial stability risks, putting also a spotlight on Central, Eastern and Southeastern European economies.
The webinar will be held in English.
To participate in the webinar please sign up here.
We look forward to engaging with you!
Hervé Joly, Director (JVI)