"An abrupt end to gov policy support schemes would pose cliff-edge risks to the debt servicing capacity of euro area firms and households.” Knock-on effect on economy and banks’ balance sheets and capitalisation. KEY warning from @ecb to European govs!
ecb.europa.eu/pub/financial-… https://t.co/1IcuiCevVQ
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…