Draghi draining credit from eurozone, says ‘father of QE’
Central banks across Europe have been draining money from the financial system for the last two years, in what amounts to negative quantitative easing, according to the man who coined the term.
The inventor of the concept of quantitative easing, Professor Richard Werner of Southampton University, told The Sunday Business Post that his analysis of central bank asset purchasing data across the eurozone shows that instead of pumping money into the system, European Central Bank...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Willie O’Reilly: Media is also found wanting in mother and baby homes story
Journalists of that era saw no evil and reported no evil. Their successors might reflect on what prevented them from calling out the tragedies
Susan O’Keeffe: We must work to turn Biden’s love of Ireland into tangible benefit
With the new US president one of the last Irish-American political heavyweights, we must ensure that our relationship with the US is ready for the future, not stuck in the past
Noelle O’Connell: Why Michel Barnier is our European of the Year
European Movement Ireland honours the EU’s lead Brexit negotiator for his understanding, diplomacy and persistence
Comment: CETA offers us the hand-rolled cigarette of international investment law
Ireland uniquely positioned among EU members to reject international investment rules, and should 'just say no'