In 2020, euro area banks’ exposures to domestic sovereign debt has risen by almost 19% in nominal terms = largest increase since 2012. Prospect of

Latest ECB Financial Stabillity Review expresses serious concern about EA banking sector. In equity markets EA banks barely outperform stranded asset sectors like oil! See

As a result of large bond purchases, 2020 has seen strengthening of sovereign-bank nexus in Italy, France and Germany -> @ecb appears to be seriously