>>60560988 (OP)I consider this good since most retail savings investments are being channeled in Euro government bonds anyway, this is just less risk averse.
A savings account in Germany is financing the Romanian government due to the high yield of their bonds, or investing in Euro backed MMF funds.
The thing which this implies which is good is the probable reduction of fees in European stock exchanges which would make this more enticing to yuros, since most of the yuros who invest do so in S&P and channel their capital to the US, which is sort of bad for us here.
A uniform platform for investment and increased defense spending was the whole point of Draghi's report.
A huge amount of financial capital is being spilled over to the outside due to the shit Yuro laws and exchanges.
Just look at the KID bullshit..