Europe’s biggest insurer lambasts ECB over rates

Financial Times/Patrick Jenkins and Oliver Ralph

Graphic image of flags of the European Union members and national flag“Europe’s top insurance boss has launched a blistering attack on Mario Draghi and the European Central Bank over the “politicisation” of monetary policy in the region.”

USAGOLD note:  When central banks favor borrowers over savers and in Europe’s case . . .  the south over the north.

Repost from 10-3-2019

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