Setting the stage:
In a rare move, the European Central Bank (ECB) signals concern over the eurozone banks, detecting "early signs of stress." The rise in loan defaults prompts a call for increased provisions, anticipating a hit on profits due to decreased lending volumes and escalating funding costs.
Source - FT: https://shorturl.at/lmrPV
Interesting development. I wonder on what services they're gonna charge more, what the increase will be and how often they will raise their prices.
Aaaaand: who is going to pay for their bail-outs???
Sorry, I'm a ultra right-wing populist....