Tag: Nomura Research Institute
The euro needs fiscal unbundling
When the corona pandemic hit the euro zone in early 2020, many politicians and voters were appalled to find that they lacked fiscal or monetary policy leverage to counter the…
Why a state bankruptcy in Russia is hardly avoidable
View of Moscow Sanctions hit Russia hard – and its creditors. (Photo: imago images/Russian Look) Frankfurt Rating agencies, investors and banks have made their judgments. A state bankruptcy in Russia…