Sabine Mauderer: Transition plans – the next step on the path to net zero? Speech by Dr Sabine Mauderer, Member of the Executive Board of the Deutsche Bundesbank, at the Annual General Meeting of the International Capital Market Association (ICMA), Paris, 26 May 2023.
Corporate spreads have widened over the same period, and some issuance of corporate bonds has been postponed, especially by speculative-grade issuers. In response to these concerns, European leaders have put in place a number of strong measures. Countries under stress have committed to address their fiscal problems.