https://finance.yahoo.com/news/draghi-slashes-ecb-outlook-officials-135649913.html
The ECB has revived the TLTRO policy to stimulate the EU economies because the situation is getting dire.
We did warn about this in our previous post below.
http://sg-stock.blogspot.com/2019/01/north-america-and-europe-will-slip-into.html
Furthermore, Italy has decided to join China's OBR initiatives despite some resistance from other EU members because of its poor economy. Italy wants to make use of China to revive its economy.
https://www.cnbc.com/2019/03/06/italy-set-to-support-chinas-belt-and-road-program-ft-report-says.html
As we can see, many EU members want to take advantage of China's economic growth but still want to contain China's developments simultaneously. How despicable is that?
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