At this moment, Belgium, Germany, Denmark, France and now also The Netherlands can lend money at a negative interest rate. That is completely devastating for the European economy. But the ECB, IMF etc... see that differently. For them it's free money. But for who? The big companies and the large investors. For the normal man, that depends on a bit of interest for his old days, it is havok. This is a turning point in economic history, and will eventually cause hyperinflation. Sad, but inevitable
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As you say the banks, companies and large investors get money at 0% percent. When passed on to the ordinary person, they have to pay interest on that FREE MONEY.