Greece’s five-year bond yield fell below 0 for the first time on Monday after ECB’s decision to maintain pace of its asset purchase programme. Investors are prepared to pay Athens to borrow for up to half a decade, despite debts soaring to 200 %of GDP.
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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,…