Julia Kapraun: It was about time for the German Finance Agency to announce the first federal Green Bond. However, the new bond has some debatable features
The reform of the ESM turned out to be one of the main political issues in Italy at the end of this year, to the point of posing an existential threat to the sitting government. However, a well-functioning ESM is of vital interest in particular to countries like Italy.
Entrepreneurs receive more and longer lending if they know a banker from the same elite service club branch / Negative effects on credit allocation in Germany.
Ignazio Angeloni: According to some, the ECB can learn from the Fed on how to deal with dissent. The US system, however, is not a reference Europe can easily conform to.
Ignazio Angeloni: The return to normality after the coronavirus pandemic requires, among other things, that banks be saved, and this will not happen unless regulation is adapted and more public support is provided.