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Note the lack of any dates in this "announcement", this makes it even worse. If you want to scrap it, announce it on a Friday evening, to avoid even more specul
by JetSpiegel 3y ago
Note the lack of any dates in this "announcement", this makes it even worse. If you want to scrap it, announce it on a Friday evening, to avoid even more speculation now that the existing people are grandfathered in. The same finance ministry did just that when they scrapped the T-bills with high interest rates that were depleting the banks' profits.
As is, this was probably an off-the-cuff remarks on the town hall-style PR stunt imported from the USA. I believe it when I see it.