Over the last few months private bankers in the EU in Germany at Deutsche Bank and Commerzbank are turning customers away who want to deposit cash?
Banks in Germany Tell Customers to Take Deposits Elsewhere
And then central bankers at the European Central Bank (ECB) want a higher inflation target with an increase in European corporate and government bond purchases?
ECB must accept no further delay in lifting inflation: Panetta
And this is after the ECB is already committed to buying 70% of all new EU government bonds issued in 2021.
How much will be enough? 80%? 90%? 95%? 100%?