Frankfurt am Main: Leibniz Institute for Financial Research SAFE
Organisations
Interfacultary Research - Amsterdam Center for Law & Economics (ACLE)
Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Faculty of Economics and Business (FEB)
Abstract
In this SAFE Policy letter on the implications of the Coronavirus for financial stability in Europe, we address how to mitigate a systemic financial crisis that is propagating in slow motion, as we speak, and which we identified and diagnosed in the SAFE policy letter 782. This second letter emphasizes the speed at which the underlying unprecedented real sector cash drains and how asymmetric national solutions may be destabilizing in the longer run.
