"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
Energy Capex as a % of operating cash flow is at historic lows. A lot hinges on how you explain
Energy Capex as a % of operating cash flow is at historic lows. A lot hinges on how you explain this. thedailyshot.com/2022/06/28/bus… https://t.co/VkOyCMuPqs