European Central Banks warns of trade tension risks to euro zone financial stability

From cnbc.com

Rising global trade tensions present a risk to the euro area economy, the bloc’s central bank found in its biannual Financial Stability Review out on Wednesday. The European Central Bank also said weak growth was now a bigger threat than high inflation in the 20-nation euro zone. The latest figures recorded euro zone economic growth at a two-year high of 0.4% in the third quarter, while headline inflation hit 2% in October. The ECB said financial markets had experienced a “resurgence of volatility” since the release of its previous report back in May, noting that further fluctuations were “more likely than ... (full story)