Will plan coax the private investors into open?

24th December, 2014

Such is the sorry state of the European economy that governments are now prepared to absorb private sector loss on new investment.

We are well used to the idea of export credit insurance, where governments insure the risk of exporting to dodgy regimes in unstable parts of the world. Now it seems they feel the need to insure the risk of investing in physical infrastructure in their own advanced western economies. Such is the lack...

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