Financial stability and macroprudential policy in European countries: From national reports to a European synthesis using AI tools
Martin Kotlář, Pavel Neumann, and Patrik Maňas present the use of AI to process national financial stability reports from 28 European countries for the period 2015–2025. They track the development and changing nature of cyclical and structural risks (from a very low interest rates to monetary tightening in response to the inflation surge and energy crisis) and the response of macroprudential policy (capital buffers and borrower-based measures). The result is the identification of broader European patterns and differences in national approaches to maintaining financial stability.