New ECB measures over the top

Michael Heise, Chief economist of Allianz.

 

“The risk of adverse side effects is rising, among them the danger that Eurozone financial markets will again overshoot. Moreover, bond purchases and ultra-low interest rates remove the incentive to plow ahead with debt reduction.”

Michael Heise, Chief economist of Allianz.
Michael Heise, Chief economist of Allianz.

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