ECB’s Cipollone Warns of Rising Risks, Stresses Need for Greater Financial Resilience
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday urged Europe’s financial sector to prioritize resilience over efficiency amid growing geopolitical, technological, and climate-related threats, warning that trust in money ultimately depends on a system that can withstand severe shocks.
17 September 2025


















