German banks are hoarding so many euros they need more vaults

Re:German banks are hoarding so many euros they need more va... by cwperkins on Monday February 03, 2020 @12:12PM (#22226236)

The ECB is currently at a -0.5% deposit rate. The SNB is at -0.75%. Perhaps there is room to go down, but the banks are struggling and pushing back.

[ Parent | on HN ]

Re:German banks are hoarding so many euros they need more va... by stefano on Monday February 03, 2020 @12:30PM (#22226476)

There's always helicopter money, but yeah, the ECB is pretty much near the end of what they can do.

[ Parent | on HN ]