Download PDF Introduction Project Finance is a method of financing for capital-intensive infrastructure projects that depends on project cash flows to cover operating expenses and pay outstanding debt. Project Financing may refer to the construction of new installations, or the refinancing of already existing ones. It is used in many Read more…
The rhetoric for increased infrastructure spending as a fiscal stimulus has been particularly popular this fall. Firstly, Mr. Trump in his campaign claimed that he is going “to fix inner cities and rebuild highways, bridges, tunnels, airports, schools and hospitals”. Also, Phillip Hammond, the UK chancellor, in his Autumn Statement Read more…
Two days ago, during its regular policy meeting, the ECB left interest rates unchanged and Mario Draghi said the “council was comfortable acting next time.” He signaled that there was a unanimous belief that the current inflation rate of 0.7% is unacceptable. He also stated that the strength of the Read more…