Coronavirus may sow seeds of next financial crisis: ECB
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FRANKFURT (Reuters) - Europe's coronavirus pandemic has amplified financial vulnerabilities, raising the spectre of further crises ahead as debt levels soar and banks struggle, the European Central Bank said on Tuesday. With the euro zone economy expected to shrink by a tenth this year, governments have pulled many stops to limit the damage but there is a longer-term price to pay and some countries could struggle to repay their debts, increasing the risk of them crashing out of the euro zone,..