The ECB's Comprehensive Assessment: Catharsis for the Eurozone?
Philippe Bodereau, Managing Director and Portfolio Manager; Global Head of Financial Research, PIMCO
Ellen van der Gulik, Senior Portfolio Manager, Moore capital Management
Huw van Steenis, Banks and Financial Services Equity Research, Morgan Stanley
Chair: Chris Giles, Economics Editor, Financial Times
Following the results of the European Central Bank's (ECB) comprehensive assessment the panel will discuss the outcome and the impact this will have on the eurozone. They will consider the extent to which the comprehensive assessment has widened the scope for the ECB to achieve price stability and how helpful it has been in increasing banks' willingness to increase lending.
They will also discuss how the assessment could help reduce the risk of landmines and bank feedback loops between banking unions and sovereigns as well as the extent to which it will now allow credit to flow more freely.