The ECB meets urgently to research the scenario within the monetary markets


“The Supervisory Board meets to change impressions and replace members on latest occasions within the banking sector,” defined an ECB spokesperson. This kind of ‘advert hoc’ assembly of the supervisor is frequent when there are very speedy modifications within the scenario

The Supervisory Board of the European Central Bank (ECB), led by Andrea Enria, met this Friday in a rare option to assess the scenario within the monetary markets and the banking sector after the latest turbulence, as confirmed by the issuing establishment.

“The Supervisory Board meets to change views and replace members on latest occasions within the banking sector,” an ECB spokesman defined.

The banking supervisor’s assembly comes only a day after ECB President Christine Lagarde defended the soundness of European banking and expressed the central financial institution’s willingness to supply liquidity if essential.

This kind of ‘advert hoc’ assembly of the supervisor is frequent when there are very speedy modifications within the scenario and, in response to educated sources, he would have already met earlier this week, after the intervention within the United States of the Silicon Valley banks Bank (SVB) and Signature Bank.