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View Full Version : Schaeuble Rejects ECB as Lender of Last Resort, Joint European Bond Sales - Bloomberg



NewsWhore
01-15-2012, 04:10 PM
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Schaeuble Rejects ECB as Lender of Last Resort, Joint European Bond Sales (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGtK4fuye4iL4RH1Xw5O6ViVWNoZw&url=http://www.bloomberg.com/news/2012-01-15/schaeuble-rejects-ecb-as-lender-of-last-resort-joint-european-bond-sales.html)
Bloomberg
But then they realize that the European currency is not a stable currency” in the long run. Selling government bonds jointly in the euro region isn&#39;ta solution to the euro region&#39;s debt crisis because it would mean that governments “can pile up debt ...

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