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ECB chief Draghi sees no major risks to financial stability yet
(MENAFN- AFP) European Central Bank chief Mario Draghi said Wednesday he saw no risks to financial stability at the moment arising from the very low interest rates currently applied in the euro area.
"I am aware that many of you closely scrutinise the potential effect of the low interest rate environment on financial stability," Draghi told a hearing by the EU parliament's committee for economic and monetary affairs in Brussels relayed via webcast. "Let me underline that we are closely monitoring risks to financial stability, but we do not see them materialising for the moment."
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