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1/2 The second half of 2022 witnessed a worsening of the macro environment - inflation and tighter financial conditions. Price growth may remain elevated for longer than previously expected.

call for vigilance in the face of 📈 financial risks → europa.eu/!GPGddF.

🐦🔗: n.respublicae.eu/ESMAComms/sta

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2/2 Risks and vulnerabilities in the EU financial system

👉 asset prices
👉 market liquidity
👉 movements in prices
👉 uncertainty and imbalances in the supply and demand of liquidity
👉 geopolitical tensions
👉 environmental threats
👉 cyberattacks

europa.eu/!GPGddF

🐦🔗: n.respublicae.eu/ESMAComms/sta

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