You have to pay to park your cash

[Southie]

Re: You have to pay to park your cash

@Chicken_Biryani

THis article related to your post made an excellent read .

Less than zero: Europe introduces negative interest rates to save its economy

I heard Its a good thing that ECB put forward, getting the banks to pay up for “parking” their money. Hopefully this will encourage the banks to do something else with all this money they are sitting on. For example lending will open up a bit more and increase activity

Very food find CB. I agree.