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11.08.2016

2016-08-11

Press releases

BVR statement on negative interest rates

The trigger is the ECB’s disastrous policy of low interest rates, which is having an ever greater impact. The ECB’s extreme approach to monetary policy is particularly toxic to personal pension products, but also to the stability of the financial sector as a whole. We urgently need to return to market-based mechanisms.


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Bundesverband der deutschen Volksbanken und Raiffeisenbanken e.V. (BVR)
Bundesverband der deutschen Volksbanken und Raiffeisenbanken e.V. (BVR)
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BVR - Aug 11, 2016 11:01:57 AM

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BVR statement on negative interest rates

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