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Lessons for Mario Draghi from a land of sub-zero interest rates

ECB president might consider taking this finding from Denmark: negative rates don't provide a quick fix


UNTIL not so long ago, the idea of sub-zero interest rates was about as far-fetched as the prospect of a brash real estate tycoon running for US president. These days, the discussion is whether a deposit rate below minus 0.20 per cent is a good trump card to play when dealing...

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