QE: no panacea for debt issues

Although QE provides short-term relief (e.g. the FTSEurofirst 300 index reached seven-year high during the week of the announcement last month), come September 2016, the Eurozone is like to have to adjust to life without a systematic cash injections. Furthermore, given that QE seeks to encourage private bank lending, new debt is created within a region with an already drastically skewed balance sheet..