Geopolitics as a monetary shock: The ‘silent tightening’ in the European banking system
Geopolitical tensions have once again seized the centre stage of macroeconomic policy debates. From Russia’s ongoing war in Ukraine to instability in the Middle East,
Is Europe ready for a major banking crisis?
Europe’s banks have long been slow to integrate across borders, but this is changing fast. ‘Pan-European banks’, with activities spanning several EU countries, are emerging
