Central Banks are not convinced the European economy is out in the clear, mostly because political risk overshadows strong economic fundamentals.
Sweden and Eurozone
On Thursday, both Frankfurt and Stockholm held their policy steady on crisis mode. The European Central Bank kept the deposit interest rates at -0,4%, while Sweden’s Riksbank in the unconventional -0,5%.
Both Central Banks will also continue their bond-buying programme. The Eurozone’s Governing Council is stepping on a break, g...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|