Europe's zombie lending

Viral Acharya interviewed by Tim Phillips, 07 August 2020

Viral Acharya tell Tim Phillips that the action to save Europe's financial sector after 2008 has delayed reform in the banking sector - creating a decade of lending to zombie firms that has stifled economic growth.

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Topics:  EU policies Financial regulation and banking

Tags:  zombie firms, disinflation

Viral Acharya

C V Starr Professor of Economics, Department of Finance, Stern School of Business, New York University and Former Director of the CEPR Financial Economics Programme

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