Financial trouble has been brewing across the Euro zone for some time. Germany is one of the first countries to force its negative interest rates upon regular consumers. Many people aren’t aware of how all European countries have dealt with negative interest rates for years. Negative Interest Rates are Problematic The ECB has been forcing these rates upon countries for up to five years now. In most cases, that would only affect the wealthy with over 100,000 euro in their savings account. In Germany, that situation has now come to change in dire fashion. Starting this week, the verdict will
The post Germany Inches Closer to Nation-wide Negative Interest Rates appeared first on The Merkle Hash.
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