The ECB needs to cut rates to ZERO to..
Rock solid stupid.
Free money! come get it! This worked so well for Japan, after all.
Unfreakin believable - Yes lend money for ZERO return on investment and then when payment is not forthcoming, forgive it and make the private investors ( you and me) take a “haircut.”
Tell me why governments should print money and then charge interest on something they created out of thin air? It is difficult enough just to pay back the principle on these huge sums being loaned out.