Market | Europe
Current risk Level
![Low risk](https://ida.ase.ro/wp-content/uploads/2023/12/Low-risk.png)
Green: low risk of crisis in the financial market. The incidence of a crisis is less likely than usual. This risk level is given for lambda values lower then the 20%-ratio (Updated on Mar. 2024)
Timeline
FRM Europe captures the systemic risk behaviour embedded in the 100 largest European financial institutions, covering the Euro Area, the UK, the Nordics and Switzerland, thereby reflecting the financial linkages between these countries.
![FRM Europe](https://ida.ase.ro/wp-content/uploads/2024/03/FRM-Europe.jpeg)
![FRM EU Boxplot](https://ida.ase.ro/wp-content/uploads/2024/03/FRM-EU-Boxplot.png)
By leveraging adjacency matrices, we gain insight into the network dynamics and interconnections among European companies, as visually depicted in the image.
![EU FRM](https://ida.ase.ro/wp-content/uploads/2024/03/EU-FRM-.gif)