Financial Times article on European banking policy and negative interest rates (July 2016)

7/22/2016 In the shadow of quantitative easing, party like it is 1788 - FT.com end. For example, Solvency II regulations for insurers are scheduled to come into force, which means that the various national publics will have to be told that it will not be possible to pay them exactly what they think they have coming. Already there is right-to-left German national anger over the proposed eurozone deposit insurance scheme, as if refugees were not enough. That the German distress is counterpointed by apparent Italian government cynicism over budget policy does not help. In the coming holidays, you should party like it is 1788. The saving grace of negative interest rates / From Michael G Mimicopoulos RELATED TOPICS European Central Bank, Central Banks, European banks, European Commission «Shares dh Author alerts reel Print 9%: Clip #% Gift Article BB comments Mat Pimco's presumptive poach Irish stocks take a Brexit Brexit: short shock or a reset in beating asset values? PROMOTED CONTENT West Midlands saves £25m with in-house mandate The West Midlands Pension Fund has found savings of more than £25m a year after a swath of changes to its investments and a two-pronged strategy to reduce administration costs. See more... Printed from: http:/www.ft.com/ems/s/0/aa7a54d6-94f2-1 1e5-bd82-c1fb87bef7af.html Print a single copy of this article for personal use. Contact us if you wish to print more to distribute to others. ee eee a a om Seite see EE AN © THE FINANCIAL TIMES LTD 2016 FT and ‘Financial Times’ are trademarks of The Financial Times Ltd. http/Avww.ft.com/cms/s/O/aa7a54d6- 94f2-11e5-bd82-c1fb87bef7af.htmi#taxzz4F 9fV2ROR 3/3 HOUSE_OVERSIGHT_023569