Eurozone needs a Nama to survive
A eurozone-wide Nama would drive interest rates down and alleviate investor worries - and could also turn our fortunes around, writes John Looby.
The crisis in the eurozone shows no sign of abating. Two weeks after the latest EU summit, the prospect of a new fiscal compact, greater ECB intervention and EU treaty change being successfully choreographed to deliver a definitive resolution to the crisis is being met with widespread scepticism.
Crucially, the position of the ECB as steadfast defender ...
