ECB's Nagel 'Concerned' About Rise of Far-Right Parties

Bundesbank President Joachim Nagel, speaking Thursday at the European Central Bank's monetary policy press conference in Berlin, said he’s worried about the rise of far-right parties such as Alternative for Germany. "Some of these [far-right] concepts are self-defeating in an economic sense," Nagel explains. "Is this helpful to attract foreign investors to come to this country? Definitely not." (Source: Bloomberg)