Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Raport EIOPA na temat stabilności finansowej

EIOPA-BoS-23-532

11 December 2023

FINANCIAL STABILITY REPORT

December 2023

FOREWORD BY THE CHAIRPERSON

It sometimes feels like we are living in a period of permanent crisis.

Geopolitical tensions are at a level not seen for many years. We now have two wars, one in Ukraine and the other one in the Middle East, leading to suffering and uncertainty. Observers see the United States and China in the „Thucydides Trap” where the rivalry between an existing and a rising power leads finally to War. With COVID the World experienced recently the first global pandemic for many decades. In several EU Member States we see increasing fragmentation and polarisation. We also see more and more manifestations of climate change. Finally, inflation reached levels many knew only from books and interest rates rose with unprecedent speed while the outlook for economic growth is overshadowed by poor demographics and a winding back of globalisation.

As our aim is to foster financial stability and confidence in the...