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Eurozone QE and bank profitability: Why it is too early to taper

Demertzis, Maria, B.Wolff, Guntram, (2016), “Eurozone QE and bank profitability: Why it is too early to taper”, Bruegel, 8 Δεκεμβρίου

In the eyes of the critics, the quantitative easing programs have been of little help to growth and inflation and have instead been an attack on savers, undermining the profitability of banks and insurances. Do these arguments stand scrutiny?

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