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Stress in global private credit markets and its implications for euro area financial stability

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By Oscar Schwartz Blicke, Katharina Cera, Kalin Nikolov Head
| europa.eu
Recent stress in parts of the US private credit market − including concerns about exposures in the software sector and redemption pressure in semi-liquid vehicles − has led to renewed focus on possible financial stability risks stemming from private credit and the potential relevance of such risks for the euro area. This special feature looks at the exposure of the euro area financial system to private credit.
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