Divergent eurozone lending rates

2019-03-04 3

Since Mario Draghi's "whatever it takes" vow, sovereign bond markets in Europe have calmed and converged but the interest rates for small business in the core and the periphery remain divergent. Huw Pill, chief European economist at Goldman Sachs, discusses with capital markets editor Ralph Atkins, the extent of the problem and how the European Central Bank could tackle it.

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