ECB: Financial Stability Review 2004.

15 December 2004

The review has two main parts. The first part describes the main endogenous and exogenous trends and events that characterised the operating environment of the euro area financial system over the past year. The main sources of risk and vulnerability to future euro area financial system stability are also discussed in these chapters. The second part contains five special feature articles that explore selected financial stability issues in some depth.

Remarks by Jean-Claude Trichet
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