Wednesday, June 22, 2016

'Central Banks 
Have Destroyed Any Chance Of Fiscal Reform!'
All of these reform efforts from the governments have really fallen by the wayside under the palliative that the ECB is providing .. As the central banks monetize the debt, why face political difficulties and enact reforms? .. The moment the pressure goes away, the action goes away as well."
- S&P's top EMEA analyst Moritz Kraemer
LINK HERE to the article

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