- Risk assessment will keep the ESRB busy
- Aim is to limit contagion amongst EU countries
- Progress has been made but more is needed, uncertainty not as bad as in November last year
- Need to restore confidence in banks strength, close monitoring of adjustments is crucial
- Recent turbulence underlines financial uncertainty
- Vital to develop a macroprudential framework for the EU
Draghi speaking as chairman of the European Systemic Risk board
