Italy The bond markets have woken up to the enormity of what is happening
a country that cannot be easily crushed into submission “à la Grecque”,
and that is big enough to destroy monetary union.
The Bundesbank’s Target2 credits to the ECB system - mostly to Italy and Spain - are €927bn and rising.
Ambrose Evans-Pritchard 21 May 2018
and that is big enough to destroy monetary union.
The Bundesbank’s Target2 credits to the ECB system - mostly to Italy and Spain - are €927bn and rising.
Ambrose Evans-Pritchard 21 May 2018
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