Schwarzman: Europe could enter Japan-style stagnation if governments don't start spending

Indonesia Berita Berita

Schwarzman: Europe could enter Japan-style stagnation if governments don't start spending
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

The euro zone economy risks a Japan-style economic stagnation without fiscal stimulus, warns Blackstone CEO Stephen Schwarzman.

In a bid to alleviate some of the pressure from negative rates on bank balance sheets, the ECB at its policy meeting introduced a two-tier rate system, a measure encouraged by the heads of various major European banks during the latest earnings season.

"If they can't increase their capital, then they can't make more loans to people and to companies. If you can't make more loans, you don't grow your economy. You need to have credit expansion to grow economies."

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Busan: Koreeda Hirokazu Preaches Film Industry Solidarity, Plays Down Korea-Japan Political RiftBusan: Koreeda Hirokazu Preaches Film Industry Solidarity, Plays Down Korea-Japan Political RiftLeading Japanese filmmaker Koreeda Hirokazu, who Saturday got his hands on the Asian Film Maker of the Year Award in Busan, said that the film industry should put aside political differences and in…
Baca lebih lajut »

Jubilant Japan on brink of first World Cup quarter-final with Samoa winJubilant Japan on brink of first World Cup quarter-final with Samoa winKotaro Matsushima scored a bonus-point try deep into injury time as Japan moved ...
Baca lebih lajut »

Rising support, and expectations, lift hosts Japan at World CupRising support, and expectations, lift hosts Japan at World CupJapan coach Jamie Joseph is not sure if his team is more globally popular than N...
Baca lebih lajut »

ATP roundup: Djokovic cruises into Japan Open finalATP roundup: Djokovic cruises into Japan Open finalTop-seeded Serbian Novak Djokovic reached his fifth final of the season on Satur...
Baca lebih lajut »

Bewildered Samoa coach Jackson laments officiating in Japan lossBewildered Samoa coach Jackson laments officiating in Japan lossSamoa coach Steve Jackson said he was left bewildered by some of the refereeing ...
Baca lebih lajut »

Busan: Hirokazu Kore-eda Calls For Artistic Solidarity Across Borders Amid Japan-Korea Trade WarBusan: Hirokazu Kore-eda Calls For Artistic Solidarity Across Borders Amid Japan-Korea Trade WarThe acclaimed auteur urged for Japanese and Korean artists to show support for one another to overcome their countries' fraught political situation, while also praising his regional peers, such as China's Jia Zhangke and Korea's Lee Chang-dong.
Baca lebih lajut »



Render Time: 2025-03-06 13:47:40