Stock market uncertainty makes many Americans wary of spending on travel
Kimberly Hilliard, co-founder of a five-year-old travel agency in Maryland, says at this time of year she usually fields up to 10 inquiries a week
Non-bank financial institutions’ reliance on banks for contingent credit under stress and its consequences
In recent years, banks’ credit line exposure to non-bank financial institutions has grown significantly. This column analyses the implications by focusing on a specific type
Resolving non-performing loans and zombie firms: A path to sustainable growth in Greece
During the Greek debt crisis, zombie firms and non-performing business loans peaked at 20% and 50%, respectively. This column examines the negative effects of ‘zombie’
