Volkswagen Protests Heat Up
Volkswagen Group CEO Oliver Blume was booed by a crowd of 20,000 employees after stating that the company is not “operating in a fantasy world.” The company already saw 100,000 [...]
QUESTION: Marty; Why is Legarde pitching Euro Green Bonds when they lose money?
JL
ANSWER: If she can use the climate change nonsense to shame Germany into agreeing to issue Eurobonds, it would be a step to eliminate the refusal to issue a single European debt. If Legarde can sell that issue, then it will restructure Europe’s debt position.