[2557] Did the LTRO fail?
Posted in Economics on June 11th, 2012 7 Comments »
So after the rumor of bailout, the official denial and later the external pressure, Spain has finally requested for a bail out from Europe. The bailout is expected to be utilized, in turn, to bail out Spanish banks. The money will come from either the EFSF or the ESM, whichever is politically expedient. Even before [...]
