Zombie firms across Europe may tie ECB's hands for years
They will limit the central bank's ability to withdraw monetary stimulus
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
WATCH out for the zombies.
The plethora of companies propped up by the European Central Bank (ECB) will limit policymakers' ability to withdraw monetary stimulus that's been supporting the continent's bond market since the financial crisis, according to strategists at Bank of America Corp.
Share with us your feedback on BT's products and services
TRENDING NOW
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
