After years of negative interest rates, Europe banks may soon need either to change their business model or shrink, according to the head of the financial watchdog in Denmark. Oversees a bank sector that, more than any other, has felt the brunt of negative rates in Europe. The central bank of Denmark first cut its main rate below zero in 2012 to maintain the krone peg to the euro.
EchoStar XIX satellite housed inside payload fairing atop ULA Atlas V at pad 41 prior to liftoff on Dec. 18, 2016 from Cape Canaveral, Fl. Credit: Lane HermannStay tuned here for Ken’s continuing Earth and Planetary science and human spaceflight news.
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