Published at: 2019-04-16 13:52 | Author: Robert McLean
Pavel Sobišek, Unicredit's chief Czech economist, warns that the country can't afford to miss the switch to electric cars
CIJ: Why is the financial crisis from the last decade still relevant today?
The echoes are still there. People tend to remember the last event, and the last collapse of the economy was quite harsh. There’s a tendency to believe that when the end of the next cycle comes, it will be equally bad. I try to explain that this is not likely to happen. It’s more likely that we will have a standard, end-of-cycle situation. That means, a slowing of the economy but without a financial crisis that would be...

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