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Brussels and the ECB ask to monitor the effect of the war in Ukraine on Spanish banks

The European Commission (EC) and the European Central Bank (ECB) urged to monitor the possible effects of the Russian aggression against Ukraine in Spanish banking despite the fact that the sector has weathered the impact of the pandemic well.

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Brussels and the ECB ask to monitor the effect of the war in Ukraine on Spanish banks

The European Commission (EC) and the European Central Bank (ECB) urged to monitor the possible effects of the Russian aggression against Ukraine in Spanish banking despite the fact that the sector has weathered the impact of the pandemic well.

In their latest semi-annual follow-up report after the rescue of Spanish banks, published this Monday, both institutions point out that the public guarantees and moratoriums adopted before covid-19 "alleviated" the impact of the crisis on the lender


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