ECB Must Become Zombie Killer


ECB Must Become Zombie Killer
— Paul J. Davies
The Wall Street Journal Europe
Jul 2 2014

Europe’s autumn banking movie needs to be a real gorefest. The euro- zone review of 128 banks’ balance sheets is a fairly political endeavor. But it also represents a chance to decisively kill off the undead loans of banks’ past. Regulators at the…read more…

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