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- Bank of England’s Financial Stability Report: the outlook remained broadly unchanged
Bank of England’s Financial Stability Report: the outlook remained broadly unchanged
The Bank of England (BoE) released its Financial Stability Report on Wednesday. The outlook remained broadly unchanged. The central bank said that risks from Greece increased, but other risks declined.
UK banks' direct exposure to Greece is very small, the BoE noted.
"The Financial Policy Committee will continue to monitor developments and remains alert to the possibility that a deepening of the Greek crisis could prompt a broader reassessment of risk in financial markets," the BoE said.
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