Bank rescues: putting bondholders on the hook

Bank rescues: putting bondholders on the hook
The change in how bank failures are handled is a central part of a policy programme credited with drawing the sting of the euro-area debt crisis that began in Greece. That agenda, known as the “banking union,” focused on taking key policy decisions and …
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Eurozone upside may surprise investors
By debt-fuelled Anglo-Saxon standards this may not look impressive, but in a German context is it quite something. Both employment and wage growth are … Of course there are caveats. Faster than expected eurozone growth would require business and …
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