ANALYSIS-Savings may not be Europe s super weapon in economic battle devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
As Europe seeks to hold its ground against economic rivals, politicians think they have a secret weapon: the untapped savings of its citizens. From Italy selling government bonds to households, to French talk of a pan-European savings product or Britain offering tax breaks for investment in UK shares, governments across Europe are seeking ways to mobilise household wealth. All these plans share an underlying thinking: Europe is sitting on plenty of cash that could be channelled towards its goals, from the green transition to beefing up militaries.
The European Central
Bank wants to wean banks off free cash but it will try to do
that at a gentle enough pace not to disrupt the financial system
or credit creation, the results of its long-awaited.
ECB to Wean Banks off Free Cash at Gentlest Pace After Review usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The commercial real estate sector is particularly vulnerable to the recent rise in interest rates, resulting in more loans going unpaid, European Central Bank supervisor Claudia Buch said on. -March 12, 2024 at 12:30 pm EDT
- MarketScreener