European Growth Being Reflected in Bank Results

The video discusses the improvement in non-performing loans for European banks, particularly Santander, and the overall economic growth in Europe, excluding Italy. It highlights the positive impact of internal devaluation on growth and competitiveness, especially in countries like Portugal and Eastern Europe. The discussion also touches on the potential effects of changes in quantitative easing and the need for Germany to adjust its trade surplus to sustain growth.

In what ways could changes in quantitative easing (QE) impact the European banking sector?

What competitive advantages are emerging for countries like Portugal and Eastern European nations?