ECB’s Stournaras: Do not see any impact from SVB collapse on Eurozone banks
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In an interview with a Greek newspaper on Tuesday, European Central Bank (ECB) policymaker Yannis Stournaras said that “I don’t see any impact from the collapse of Silicon Valley Bank (SVB) on Eurozone banks.”
This comes after Eurogroup’s President Paschal Donohoe said on Monday, “Euro-area has very limited exposure to SVB.”
EUR/USD was last seen trading at 1.0695, down 0.30% on the day.
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