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ECB: Reaching the limits of its mandate to revive the Eurozone economy
Everybody agreed that what the European Central Bank decided last week (to lower its basic interest rate to 0.05% and purchase asset backed securities and covered bonds) came as a surprise. As a...
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Is the ECB ready to flood Eurozone with freshly printed money?
The insatiable appetite of the global financial system for more free cash from central banks has now reached the Governing Council of the European Central Bank. After the American central bank, the...
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