Investment bank Goldman Sachs recommends to its clients to buy Portuguese 10-year government debt. This exhortation was made based on the program of government debt which pretends to do the European Central Bank (ECB) in 2015, as informed by the Portuguese digital journal Observador.
“We recommend to our investors opening positions in Italian, Spanish and Portuguese 10-year government debt, in detriment of government debt of Germany and France”, can read it in the note sent by this bank to its clients, to which Observador had access. According to the news website, this is the response of Goldman Sachs to the speech offered by Mari Draghi last Friday, November 21th, about the impulse which aims to give the ECB to the Eurozone inflation.
[photo credit: Images Money]
