Una Eurozona da Draghi?
The “dark illness” of the Euro-zone is that the abundant savings are not mobilized for investment. The question therefore arises of whether the European Central Bank is actually doing everything possible to prevent Europe from falling over the cliff. The article reports the remedies put in place by the ECB first by reducing the interest rate and then via quantitive easing. None of this has been able to cope with the insufficiency of investments which instead would be enough to create opportunities for growth via greater public spending.
