Negative interest rates in Europe is eating savings and pensions of the elderly - Nexus Newsfeed

Negative interest rates in Europe is eating savings and pensions of the elderly - Nexus Newsfeed: How Negative Interest Rates Sap Consumer Spending by an Ever Larger Part of Consumersby Nick Corbishley • Aug 19, 2020 • 120 CommentsOver-65s, a large and growing demographic in Europe, are cutting their spending at worst possible time as NIRP eats into savings, pensions, investments, and annuities.