Who needs ECB as foreigners seen rushing to lend to Europe Inc

That will make disappointing reading for policymakers at the European Central Bank (ECB), who are expected to signal today a bias towards cutting its already-negative deposit rate this year to try to boost growth and inflation

London: Christian Hantel is exactly the kind of investor European companies are wooing as they adjust to a world of diminished monetary largesse.

Foreigners like Zurich-based Hantel at Vontobel Asset Management are snapping up euro corporate bonds thanks to the most favourable hedging costs in seven years – a tidy cushion for borrowers on the potential precipice of another decade of economic stagnation.