“European green finance is expanding, a discount on bank capital would discredit it” By Alexander Lehmann, courtesy of the Bruegel Institute The Commission’s ‘European Green Deal’ sets out massive investment needs in a variety of areas, amounting to potentially 1.5 per cent of the EU’s annual GDP. If these targets are to be […]
Tag: interest
Argentina’s bankruptcy assured, could default to IMF
“Argentina – ninth national bankruptcy is imminent” By Angelica Dominguez-Cardoza and Cristoph Trebesch, courtesy of IfW Kiel As Argentina’s elections were set to begin Sunday, the state is headed for yet another bankruptcy. The government has borrowed nearly $45 billion overseas in just two years. The country’s debt ratio has nearly doubled since 2015 to […]