According to information reaching us, business leaders are surprised to receive spontaneous proposals from their bank to accept credits… while they are on the verge of stopping payments. One bank in particular stands out for its willingness to grant sums close to €100,000 without the slightest guarantee, highlighting the incentives of the ECB… For the moment, these are weak signals, but the wave of announced bankruptcies seems to particularly worry the European institutions. What if the financial storm had already started?
According to the information reaching us, certain banks are exhibiting abnormal behavior, by offering customers in difficulty abnormally high credits. In this case, it would seem that companies in a delicate position benefit from particular leniency from their banking organization.
Obviously, the bankers who intervene underline the desire of the ECB to want to put a “binding agent” in business.
It is obviously too early to identify the extent of the phenomenon (do not hesitate to comment in the comments if you yourself witness these facts). It is plausible that it is a straw. It is also possible that faced with the wave of bankruptcies announced in recent weeks, the ECB has decided on a discreet but energetic intervention to temporarily limit the damage.
It must be said that few French people agree to take stock of the problems, but our country finds itself on a tightrope. The end of “COVID aid” puts an end to the zombification of our economy and, through rebound, creates a climate conducive to the disappearance of the most fragile businesses. At the same time, the disaster of public finances no longer needs to be presented.
A combination of negative announcements cannot therefore be ruled out, but which would create a very unpleasant shock for our economy. We have already explained how this painful sanction seems necessary to us to get the French out of their despondency.
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