Global and European Financial Stability Risks

Tuesday, November 30, 2021 at 14:00-15:30 Vienna time (CET) 

Mr. Paul Hiebert, Directorate-General Macroprudential Policy and Financial Stability, European Central Bank Mr. Fabio Massimo Natalucci, Monetary and Capital Markets Departments, International Monetary Fund Ms. Julia Woerz, Foreign Research Division, Oesterreichsche Nationalbank

Mr. Reiner Martin, Joint Vienna Institute

Global and European financial stability risks have been contained so far, reflecting ongoing policy support and a rebound in the global economy earlier this year. Compared to the beginning of 2021, financial conditions have on balance eased further in advanced economies while several central banks in emerging markets have tightened monetary policy this year. The optimism that propelled markets earlier in the year has faded on growing concerns about the strength of the global recovery, and ongoing supply chain disruptions intensified inflation concerns. Signs of stretched asset valuations in some market segments persist, and pockets of vulnerabilities remain in the nonbank financial sector. In addition, the recovery is uneven in the corporate sector. 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.

Participants are encouraged to ask written questions to the presenters using the webinar’s Q&A feature.

To participate in the webinar please sign up here.

A list of JVI webinars on topical issues in the field of financial stability, fiscal policy, and macroeconomics can be found here.

The schedule of JVI courses – including virtual courses – can be found here.

We look forward to continuing our engagement with you!

Hervé Joly, Director (JVI)

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