Bundesbank board member Andreas Dombret in Spiegel, speaking about imposing negative interest rates on deposits of private bank customers (spoiler, don't do it)
But, of more interest:
- Expects regular threatening situations in Italy and in other euro region countries because of 'zombie loans' that are no longer 'alive' but are on balance sheets
Well, errr, yeah ....
(via Bloomberg)
This is what a Bundesbank board member used to look like just before he grabbed you by the b.... and squeezed.
