Virtual presentation of two analytical pieces from the May 2026 ECB Financial Stability Review
2026-06-01T09:00:00+00:00
2026-06-01T10:00:00+00:00
https://www.expert-europe.eu//medias/image/thumbnail_2934295076a1337b42ae62.png
Hosted by the European Central Bank (ECB), this online virtual presentation on June 1, 2026, will explore the May 2026 ECB Financial Stability Review. Join experts Katharina Cera and Christoph Kaufmann as they discuss US private credit markets, geoeconomic shocks, and investor behaviour in highly valued equity and AI sectors. ECB EVENT Virtual presentation of two analytical pieces from the May 2026 ECB Financial Stability Review 📅 Date:01/06/2026 🕐 Time:11:00 - 12:00 📍 Location:Online About the Event The ECB Brussels Representative Office will host a virtual presentation on the upcoming European Central Bank Financial Stability Review.Following a brief introduction addressing euro area financial stability vulnerabilities in view of recent geoeconomic shocks, two sections of the newest ECB Financial Stability Review will be explored in particular.Firstly, in view of recent stress in US private credit markets, the presentation will discuss the possible financial stability risks such sources of credit may present for euro area financial institutions.Secondly, the presentation will expand on the different drivers of investor behaviour in highly valued equity markets, including the technology and AI sectors. Analysis of investor flows into funds focused on these asset classes helps to gain an understanding of both the drivers of those flows and the associated financial stability risks they may present.The May 2026 edition of the ECB Financial Stability Review will be published on the ECB's website on 27 May 2026.Speakers +Katharina CERA Financial Stability ExpertDG Macroprudential Policy and Financial StabilityEuropean Central Bank Katharina CERAKatharina Cera is a Financial Stability Expert in the Market-Based Finance Division within Macroprudential Policy and Financial Stability at the European Central Bank. Her fields of interest include financial economics, macroeconomics and monetary economics.×+Christoph KAUFMANN Senior EconomistDG Monetary PolicyEuropean Central BankChristoph KAUFMANNChristoph Kaufmann is a Senior Economist in the Monetary Policy Strategy Division of the Directorate General Monetary Policy at the European Central Bank. His areas of expertise include macroeconomics and monetary economics, financial economics, and international economics. Since 2025, he has worked in the Monetary Policy Strategy Division at the ECB. Previously, he worked in the Market-Based Finance Division of the Directorate General Macroprudential Policy & Financial Stability from 2018 to 2024, as well as in the Secretariat to the European Systemic Risk Board and the Fiscal Policies Division of the Directorate General Economics in 2017. He holds a PhD in Economics and an MSc in Economics (Diplom-Volkswirt) from the University of Cologne in Germany.×Programme 11:00 ECB Financial Stability Review – Virtual Presentation Katharina Cera | Financial Stability Expert | DG Macroprudential Policy and Financial Stability Christoph Kaufmann | Senior Economist | DG Monetary Policy Important – Please be advised that the room's physical constraints permit only a restricted number of participants so registration could be closed after the maximum capacity is reached.Please note that a photographer might be present at the event, taking photographs for Organisers' communications platforms. If you do not wish to be photographed, please inform the photographer in the room.
.flip-card {
perspective: 1000px;
position: relative;
min-height: 380px;
z-index: 1;
}
.flip-card:hover,
.flip-card:focus-within {
z-index: 50;
}
.flip-checkbox {
display: none;
}
.flip-card-inner {
position: relative;
width: 100%;
height: 100%;
transition: transform 0.6s;
transform-style: preserve-3d;
}
.flip-checkbox:checked ~ .flip-card-inner {
transform: rotateY(180deg);
}
.flip-checkbox:checked ~ .flip-card-inner .flip-card-front {
pointer-events: none;
}
.flip-checkbox:not(:checked) ~ .flip-card-inner .flip-card-back {
pointer-events: none;
}
.flip-card,
.flip-card-inner,
.flip-card-back {
overflow: visible !important;
}
.flip-card-front,
.flip-card-back {
position: absolute;
width: 100%;
backface-visibility: hidden;
border-radius: 12px;
min-height: 380px;
box-sizing: border-box !important;
}
.flip-card-front {
display: flex;
flex-direction: column;
align-items: center;
justify-content: flex-start;
padding: 20px 15px;
text-align: center;
position: relative;
}
.flip-card-back {
transform: rotateY(180deg);
padding: 20px;
overflow: visible !important;
border: 1px solid #e8edf4;
}
.flip-card-front::before {
content: '';
position: absolute;
bottom: 0;
left: 0;
width: 50px;
height: 50px;
background: linear-gradient(135deg, #e8f2fc 0%, #f0f7ff 100%);
clip-path: polygon(0 100%, 100% 100%, 0 0);
opacity: 1;
z-index: 0;
}
.flip-card-front label[for^="flip-"],
.flip-card-front label[for^="speaker-"] {
position: absolute;
bottom: 6px;
left: 10px;
font-size: 18px;
font-weight: 300;
cursor: pointer;
z-index: 10;
background: none;
border: none;
padding: 0;
transition: transform 0.2s, color 0.2s;
color: #003e7e;
}
.flip-card-front label[for^="flip-"]:hover,
.flip-card-front label[for^="speaker-"]:hover {
color: #0066cc;
transform: scale(1.2);
}
.close-button {
position: absolute;
top: 15px;
right: 15px;
width: 28px;
height: 28px;
background: #003e7e;
color: #fff;
border-radius: 50%;
display: flex;
align-items: center;
justify-content: center;
font-size: 24px;
font-weight: 300;
cursor: pointer;
z-index: 100;
line-height: 1;
transition: all 0.2s;
}
.close-button:hover {
background: #0066cc;
transform: rotate(90deg) scale(1.1);
}
.social-icon {
transition: transform 0.2s ease, box-shadow 0.2s ease;
}
.social-icon:hover {
transform: translateY(-3px);
box-shadow: 0 6px 12px rgba(0, 0, 0, 0.15);
}
.logo-link img {
transition: transform 0.2s ease, filter 0.2s ease;
}
.logo-link:hover img {
transform: scale(1.1);
filter: brightness(1.1);
}
.static-card .flip-card-front::before {
display: none !important;
}
.static-card {
transition: transform 0.2s ease, box-shadow 0.2s ease;
border: none !important;
box-sizing: border-box !important;
}
.static-card:hover {
transform: translateY(-4px);
box-shadow: 0 12px 30px rgba(0, 62, 126, 0.15) !important;
}
.bio-content-mep strong {
color: #003e7e;
font-size: 16px;
display: block;
margin-bottom: 15px;
text-align: center;
font-weight: 700;
padding-bottom: 12px;
border-bottom: 2px solid #003e7e;
}
.bio-section-title {
font-size: 11px;
color: #64748b;
font-weight: 700;
text-transform: uppercase;
letter-spacing: 0.5px;
margin: 16px 0 10px 0;
padding-bottom: 6px;
border-bottom: 2px solid #e8edf4;
text-align: left;
}
.country-flag {
position: relative;
display: inline-block;
cursor: pointer;
transition: transform 0.2s ease;
z-index: 10;
}
.country-flag:hover {
transform: scale(1.15);
z-index: 20;
}
.party-flag {
position: relative;
display: inline-flex;
align-items: center;
gap: 4px;
line-height: 1;
cursor: pointer;
transition: transform 0.2s ease;
z-index: 10;
font-size: 0;
}
.party-flag:hover {
transform: scale(1.05);
z-index: 20;
}
.country-flag .tooltip,
.party-flag .tooltip {
visibility: hidden;
background: #003e7e !important;
color: #fff !important;
text-align: center;
padding: 6px 10px;
border-radius: 6px;
position: absolute;
z-index: 100;
bottom: 100%;
margin-bottom: 8px;
left: 50%;
transform: translateX(-50%);
white-space: normal;
width: max-content;
max-width: 180px;
line-height: 1.4;
opacity: 0 !important;
transition: opacity 0.2s ease !important;
font-size: 10px !important;
font-weight: 500;
font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif;
pointer-events: none;
box-shadow: 0 4px 10px rgba(0, 0, 0, 0.15);
}
.country-flag:hover .tooltip,
.party-flag:hover .tooltip {
visibility: visible !important;
opacity: 1 !important;
}
.micro-badge-wrapper {
position: relative;
display: inline-flex;
flex-direction: column;
align-items: flex-start;
margin-bottom: 8px;
box-sizing: border-box !important;
}
.badge-link {
display: inline-flex;
align-items: center;
gap: 4px;
text-decoration: none !important;
transition: transform 0.2s ease, box-shadow 0.2s ease;
}
.badge-link:hover {
transform: translateY(-2px);
box-shadow: 0 4px 8px rgba(0, 62, 126, 0.15);
}
.tooltip-text {
visibility: hidden;
position: absolute;
bottom: 100%;
margin-bottom: 6px;
left: 50%;
transform: translateX(-50%);
background: #003e7e !important;
color: #fff !important;
border: none;
font-size: 10px !important;
font-weight: 500;
font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Helvetica, Arial, sans-serif;
padding: 6px 10px;
border-radius: 6px;
white-space: normal;
width: max-content;
max-width: 180px;
text-align: center;
line-height: 1.4;
opacity: 0 !important;
pointer-events: none;
transition: opacity 0.2s ease !important;
z-index: 100;
box-shadow: 0 4px 10px rgba(0, 0, 0, 0.15);
}
.micro-badge-wrapper:hover .tooltip-text,
.badge-link:focus + .tooltip-text {
visibility: visible !important;
opacity: 1 !important;
}
.programme-row {
border-left: 4px solid transparent;
transition: background-color 0.3s ease, border-color 0.3s ease, transform 0.3s ease;
box-sizing: border-box !important;
}
.programme-row:hover {
background-color: #f8fbff;
border-left-color: #003e7e;
transform: translateX(6px);
}
.time-badge {
transition: transform 0.3s cubic-bezier(0.175, 0.885, 0.32, 1.275), box-shadow 0.3s ease;
}
.programme-row:hover .time-badge {
transform: scale(1.08);
box-shadow: 0 6px 12px rgba(0, 62, 126, 0.25);
}
.anchor-link {
display: inline-flex;
align-items: center;
font-size: 12px;
color: #003e7e;
font-weight: 700;
text-decoration: none;
background: #e8f2fc;
padding: 4px 12px;
border-radius: 20px;
white-space: nowrap;
transition: all 0.2s ease;
border: 1px solid transparent;
}
.anchor-link:hover {
background: #003e7e;
color: #fff;
transform: translateY(-2px);
box-shadow: 0 4px 8px rgba(0, 62, 126, 0.15);
border-color: #0066cc;
}
.host-card {
transition: transform 0.2s ease, box-shadow 0.2s ease;
}
.host-card:hover {
transform: translateY(-2px);
box-shadow: 0 12px 30px rgba(0, 62, 126, 0.12) !important;
}
@media (max-width: 768px) {
.tooltip,
.tooltip-text {
display: none !important;
}
}
https://www.expert-europe.eu/en/event/virtual-presentation-of-two-analytical-pieces-from-the-may-2026-ecb-financial-stability-review/2026/06/01/473