Wednesday, November 15, 2017

A Specter is Haunting Europe's Recovery: Zombie Companies

Hundreds of staggering firms are kept alive by struggling banks, which in turn undercut healthy rivals by and tie up capital that could be used more productively elsewhere. Economists and central bankers worry they are a drag on the continent just as growth is resuming.

from WSJ.com: US Business http://ift.tt/2iZ7AKL
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