By Giancarlo Navach
CERNOBBIO, Italy, April 1 (Reuters) - The European
Central Bank (ECB) is monitoring current market tensions closely
and will act to preserve price and financial stability in the
euro area, ECB vice-president Luis de Guindos said in a speech
on Saturday.
"...In our view, vulnerabilities in the financial system
prevail in the non-bank financial sector, which grew fast and
increased its risk-taking during the low interest rate
environment," De Guindos told the Ambrosetti business forum in
northern Italy.
(Reporting by Giancarlo Navach
Writing by Keith Weir, editing by Gavin Jones)
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