Portuguese Finance Minister Fernando Medina is advocating for the European Central Bank (ECB) to lower borrowing costs, citing the current high interest rates as a significant risk. This call comes amidst concerns about financial stability due to a lack of regulation in non-bank financing, with the ECB also emphasizing the need for private equity fund development.
Portugal’s finance chief sees a risk in keeping ECB interest rates high, urges a cut https://t.co/cpZY4kAevb via @beckmartha @joaomlima1 https://t.co/A6JqL8q2vu
Portugal Sees Risk In Keeping ECB Interest Rates High, Urges Cut - BBG https://t.co/YhGZH0gFok
Portuguese Finance Minister Fernando Medina urges the ECB to start lowering borrowing costs, saying maintaining them at their current level is a “high risk” https://t.co/xASS9dSZxF
Portuguese Finance Minister Fernando Medina urges the ECB to start lowering borrowing costs, saying maintaining them at their current level is a “high risk” https://t.co/y9uU59D1kk
#NEWS in @expansioncom from @AndresStumpf 📰 Private equity and the ECB: Between necessity and fear A lack of regulation of non-bank financing is seen by some as threatening financial stability, but the ECB is calling for greater development of private equity funds due to the…