Merkel’s Cream Puff "Tougher" Stance
Read the original: Merkel’s Cream Puff "Tougher" Stance
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Read the original: Merkel’s Cream Puff "Tougher" Stance
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Via translation, El Confidential comments on the Banking Drag of €238 Billion Nonperforming Loans at Spanish Banks . The profitability of banks has plummeted. And only the loose monetary policy of the ECB has improved the results.
As a guest post, here is the opinion of IMD Professor Carlos A. Primo Braga on on the economic, political and psychological drivers of Brazil’s currency slide.
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