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SVB collapse not 'significant risk' to Europe: EU economy chief

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The EU's economy commissioner says the collapse of Silicon Valley Bank in the United States does not pose a serious threat to Europe, amid investors' fears of contagion throughout the financial sector. "The possibility of indirect impact is something that we have to monitor but, at the moment, we don't see it as a significant risk," Paolo Gentiloni told reporters in Brussels as European stock were down heavily in afternoon trading. SOUNDBITE

Added on the 13/03/2023 15:35:03 - Copyright : AFPTV - First images

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