29/01/2021  The sovereign-bank-corporate nexus – virtuous or vicious? SPEECH  The sovereign-bank-corporate nexus – virtuous or vicious?
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the LSE conference on “Financial Cycles, Risk, Macroeconomic Causes and Consequences” Frankfurt am Main, 28 January 2021 One year after the first cases were reported in Europe, the coronavirus (COVID-19) pandemic continues to take a tragic human toll and to pose enormous challenges to workers, firms, the financial system and policymakers in the euro area.