What are the risks for business?
Seven years after the financial crisis, the Eurozone has entered a new phase of risks. In January 2015, prices in the Eurozone were down by 0.6% on the previous year. Deflation is at its worst since January 2009.
What are the risks of prolonged deflation? What is the likely effect of the European Central Bank's quantitative easing programme? And how should corporate risk managers respond?