ECB President Mario Draghi and other EU authorities are telling Italian banks to sell their bad debts,
since it’s choking their balance sheets to give new loans to new business, and support economic growth.
The central bank insists it can solve the problem on its own.
But let’s put a bit of meat on the issue: A problem of 379 Billion Dollar is not going to disappear without a bit of stimulus spending.
since it’s choking their balance sheets to give new loans to new business, and support economic growth.
The central bank insists it can solve the problem on its own.
But let’s put a bit of meat on the issue: A problem of 379 Billion Dollar is not going to disappear without a bit of stimulus spending.
