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Financial risk is rising 

May 29, 2017

Sean Whelan, RTE

This week the European Central Bank raised the risk level in one of its four main risk indicators for financial stability from "potential risk" to "medium-level risk".

As a result, three of the four indicators are now on the medium-level risk" point in a three point scale (the final one being "pronounced risk").

The increased risk level was in the public and private debt sustainability sphere.

The reasons behind the up-rating in risk were a potential re-pricing in bond markets and political uncertainty in some countries.

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