Bini Smaghi: European Bank Profit Would Equal U.S. With Same Rates

The video discusses the global response to the Notre Dame tragedy and the mobilization efforts in France to rebuild it. It then shifts focus to the European economy, highlighting challenges such as low growth and inflation, and the impact of negative interest rates on banks. The discussion includes potential strategies for economic improvement, considering the exit from quantitative easing and the need for coordinated fiscal policies across Europe.

What are the implications of low interest rates on the European banking system?

What is the speaker's view on the coordination of fiscal policies among European countries?