FinancialAdvice.co.uk Logo

Qualified advisers answering your
Financial Questions
call 0800 092 1245

ECB warns of economic instability

Various members of the European Central Bank have today stepped forward to warn consumers, businesses and investors in Europe that there may well be further "financial instability" in the short to medium term. This is one of the starkest warnings from the ECB at a time when many were hoping to see some positive news and positive signals from within Europe. However, it seems that the UK and the European banking fraternity may need to strengthen their balance sheets and baton down the hatches.

While there is no problem with ECB council members being open and honest with economists and investors around the world there is a problem with warning of potential issues ahead as this could well create a self fulfilling prophecy. If the ECB is concerned about the future there is no doubt that this downbeat assessment of the immediate future will be in the back of the minds of business leaders looking to plan for the future. Would you be brave enough to go against ECB advice in the short to medium term and help the European economy?

Slowly but surely the skies are starting to darken over the worldwide economy and unfortunately it looks as though we are in for a further bout of instability at the very least.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:



Latest News

Blogs

Helpful new tax year facts that could affect you and your money


Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.


Read more

Useful Links

Popular Searches

Please Enter More Details

 
Enter More Details
Continue