Financial Foot In Mouth » 1 trillion euros http://financialfootinmouth.co.uk Thu, 03 Oct 2013 06:20:39 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.1 Angela`s Hashes http://financialfootinmouth.co.uk/2012/07/angelas-hashes/ http://financialfootinmouth.co.uk/2012/07/angelas-hashes/#comments Tue, 03 Jul 2012 17:02:23 +0000 admin http://www.financialfootinmouth.co.uk/?p=434 …well, at least, not directly anyway. The ECB`s injection of 1 trillion euros of three year loans into European banks came in handy, though.

 

ADDITIONAL COMMENT – it might just be time for an update of this post, bearing in mind the report in last weekend`s “Financial Times” that “…taxpayers for all 17 eurozone countries, Germany foremost among them, will shoulder the burden of  100bn. euros in cash injections” and that “…the bail-out of Spain`s domestic banking sector, stuffed with bad real estate investments, will no longer be Madrid`s responsibility.”

I must be missing something here.

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