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View Full Version : ECB Cash Averts 'Funding Crisis' for Italy, Spain - Bloomberg



NewsWhore
01-05-2012, 06:10 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGZzo0mhKC6Z40X7EFfnrPNtGmGlA&url=http://www.bloomberg.com/news/2012-01-05/ecb-cash-averts-funding-crisis-for-italy-spain-euro-credit.html)
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ECB Cash Averts &#39;Funding Crisis&#39; for Italy, Spain (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGZzo0mhKC6Z40X7EFfnrPNtGmGlA&url=http://www.bloomberg.com/news/2012-01-05/ecb-cash-averts-funding-crisis-for-italy-spain-euro-credit.html)
Bloomberg
“Short-term borrowing costs have come down significantly and that certainly helps to buy time,” said Jens Nordvig, managing director of currency research at Nomura Holdings Inc. in New York. “Six weeks ago, it looked as if there was going to be an ...

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