Firms face new challenges as costs soar and the growth outlook weakens. The number of firms that might default is rising. Those hit hard during the pandemic are particularly exposed to higher energy prices.

Read more in our Financial Stability Review https://www.ecb.europa.eu/pub/financial-stability/fsr/html/index.en.html?utm_source=twitter&utm_medium=social&utm_campaign=fsrmay2022_postpubhighlight1

🐦🔗: https://nitter.eu/ecb/status/1531260387252903943