ECB proposals to buy loans to households and companies
The Center of the Universe » ECB 2014-01-27
Summary:
This is highly problematic. If the ECB takes the risk, there is extreme moral hazard. If they don’t, lending won’t likely increase: ECB poised for battle to ward off deflation January 26 (FT) — Mario Draghi has signalled that he would be prepared for the ECB fight deflation in Europe by buying packages of bank [...]