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Why the ECB is not to blame for low interest rates

Demary, Markus (2016) Why the ECB is not to blame for low interest rates. LSE European Politics and Policy (EUROPP) Blog (22 Aug 2016). Website.

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In the latest set of EU stress tests, several German lenders performed poorly. As Markus Demary writes, some of this performance has been blamed on low interest rates squeezing the profitability of lenders. He argues that while the ECB has frequently been blamed for this situation, the reality is more complex and instead reflects long-term trends which can only be addressed by lasting structural reforms.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2016 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HG Finance
J Political Science > JN Political institutions (Europe)
Date Deposited: 22 Mar 2017 16:24
Last Modified: 18 Oct 2021 23:22

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