Bundesbank Says Financial Stability Risks Haven’t Receded
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The Bundesbank said risks to financial stability haven’t receded even after the European Central Bank’s bond-purchase plan calmed financial markets.
“The risks to the German financial system are no lower in 2012 than they were in 2011,” Germany’s central bank said in its Financial Stability Review released in Frankfurt today. “The European sovereign debt crisis remains the greatest threat to financial stability in Germany.”