BIS's Benoit Coeure Says Negative Rates in Euro Area Likely Until 2025

The video discusses Europe's fiscal response to the crisis, highlighting the use of common resources and coordinated efforts. It examines the potential for positive interest rates in Europe before 2025, emphasizing the importance of productivity and growth in the eurozone. The discussion also covers the transition from crisis measures to sustainable economic paths, addressing liquidity and solvency issues in European economies.

What are the potential risks of prolonging emergency support measures?

What is the significance of transitioning from liquidity issues to solvency issues for firms?