12.07.2016 • 13:00 GMT
Keeping Tabs on Euro-Area Stability Flash Points
John Kicklighter
Talking Points:
• The Euro is facing systemic risk with the loss of its reserve standing threatening far more than local markets
• Brexit, Greece's long-term issues and future EU referendums are considerable risks but lacking for obvious spillover
• In contrast the financial risks posed by Italian banks and Deutsche Bank can readily prove contagious