What Could Trigger Fresh Euro Financial Crisis?

Increasing long term interest rates, restructuring other countries’ public debts and divergent views on banking union could trigger a fresh financial crisis in the euro zone, feels Natixis.

Patrick Artus of Natixis in his recent economic research feels fresh financial crisis in the euro zone could break out for various reasons.

However, the analyst notes for the time being, the financial crisis has been kept under control in the euro zone, thanks to periodic announcements by the ECB. Patrick Artus points out ECB’s announcements in June-July 2012 on the creation of OMT and the forward guidance...