Just keeping up appearances and assuming that "debts are to be managed" will not only not pull us off the tail of Europe, but will restrict our freedom.
Cristina Casalinho's recent statements seem to telegraph the end of Treasury Certificates.
The large amount invested in deposits is beginning to be of interest to politicians.
Concentration in the banking sector appears to be increasingly imperative. Portuguese banks will have to go through this process. It remains to be seen whether willingly or forcibly.
Euribor reached new historical lows, already close to -0,50% of the ECB's deposit rate.
Any society has an obligation to bet on and defend its children. And, as in other subjects, great generational selfishness prevails.
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