QualityStocksNewsBreaks – Deltec Bank & Trust Ltd. Delves Into Intricacies Surrounding EU Recovery Fund
Deltec Bank & Trust, recently named the Best Private Bank Caribbean 2020 (http://ibn.fm/PS1F4), has published its latest investment research note entitled “EUreka” (http://ibn.fm/UhKNZ). In the piece, Deltec looks into the intricacies around the European Union’s (“EU”) proactive fiscal response in dealing with the ongoing coronavirus outbreak and its impact on Eurozone financial-asset prices and the Euro. Deltec believes that the EU’s actions will benefit the government bonds and Europe’s weaker economies in the long term, with over-strained fiscal budgets set to be subsidized by the recovery-fund mechanism. A recent article discussing this reads, “Today, following the historic introduction of the €750…