Our "bad bank" Trash the European Central Bank (ECB) wants to pass his borrowing Greek, Portuguese and Irish European Financial Stability Fund (FESF). Present value of the "treasure": 77 billion euro.
But it seems that nobody wants his pieces of paper ...
DiePresse
Bonus: The Madness of Jean Claude Trichet New York Times
markets, more optimistic, banking on the bankruptcy of Portugal (Wirtschaftsblatt)
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