The primary task of the ECB is to create space for the defence industry. The consequence is lower private consumption - and higher real bond yields

We use cookies

Insightview currently only uses necessary cookies, such as keeping you logged in. If we introduce optional cookies in future — for example to understand how visitors use the site — we will only do so with your consent, and you will be asked to choose again at that point. This and other data relating to your use of the site stays with Insightview — we never sell it or share it for marketing purposes. You can always change your choice by clicking "Cookie settings" at the bottom of the page. Read our cookie policy if you want to know more.

Customize cookies

Read our cookie policy

Cookie settings