## Figure 1.15. The Euro Area Sovereign–Financial Sector Nexus

## Source details

**Canonical URL:** [Figure 1.15. The Euro Area Sovereign–Financial Sector Nexus](https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/charts/figure1-15.pdf)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2019/april/english/ch1data/charts/figure1-15.pdf.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2019/april/english/ch1data/charts/figure1-15.pdf.json)

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### 1. Government Debt-to-GDP Ratios
- Chart title: 1. Government Debt-to-GDP Ratios (Percent)
- Year shown: 2018
- Axis tick labels preserved from figure: 0; 200; 20; 40; 60; 80; 100; 120; 140; 160; 180
- Country ISO codes shown in the figure: AUT; BEL; CYP; EST; FIN; FRA; DEU; GRC; IRL; ITA; LUX; LVA; LTU; MLT; NLD; PRT; SVK; SVN; ESP
- Key caption excerpt: "Government indebtedness has risen in several countries."

### 2. Bank Buffers: Tier 1 Capital and Loan Loss Reserves
- Chart title: 2. Bank Buffers: Tier 1 Capital and Loan Loss Reserves (Percent of risk-weighted assets; percentage points)
- Measures shown: Buffer ratio, 2018:Q2; Change in buffer ratio, 2010:Q4–2018:Q2
- Axis tick labels preserved from figure: 0; 200; 20; 40; 60; 80; 100; 120; 140; 160; 180; 402006080100120  (as displayed in the figure)
- Country ISO codes shown near the panel: AUT; BEL; DEU; ESP; FRA; IRL; ITA; NLD; PRT
- Key caption excerpt: "Regulators required banks to increase their buffers ..."

- Note on sample: "Panel 2 is based on the sample of banks in the European Banking Authority’s transparency exercise (EBA banks)."

### 3. Nonperforming Loan Transactions
- Chart title: 3. Nonperforming Loan Transactions (Billions of euros)
- Axis tick labels preserved from figure: 0; 12; 6; 4; 2; 8; 10
- Country/series labels visible in the figure: Spain and Ireland; Italy; Other or in process; Cyprus, Greece, Portugal, and Slovak Republic
- Key caption excerpt: "... and efforts have been made to dispose of nonperforming loans ..."

### 4. Banking Systems’ Nonperforming Loans
- Chart title: 4. Banking Systems’ Nonperforming Loans (Billions of euros)
- Axis tick labels preserved from figure: 0; 1,200; 200; 400; 600; 800; 1,000
- Country/series labels visible in the figure: Ireland; Spain; Italy; Others
- Key caption excerpt: "... but banks need to continue reducing the stock of nonperforming loans on their balance sheets."

### Sources and notes (as presented in the figure)
- Sources: Deloitte; European Banking Authority; Haver Analytics; PricewaterhouseCoopers; IMF, Financial Soundness Indicators database; IMF, World Economic Outlook database; and IMF staff analysis.
- Note: "In panel 4, the data on nonperforming loans are for banking systems in aggregate (from the IMF Financial Soundness Indicators database). Data labels in the figure use International Organization for Standardization (ISO) country codes."

*Source: Figure 1.15 from the supplied IMF content (figure1-15).*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2019/april/english/ch1data/charts/figure1-15.pdf_