The ECB must stand behind the euro

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Series Details No.81, December 2011 - January 2012
Publication Date December 2011
Content Type

The writer in November 2011 said that the eurozone was now subject to a full-blown run on its bond market. Spanish and Italian borrowing costs were now higher than those of Greece, Ireland and Portugal when they were forced to seek bail-outs from the EU and IMF. The crisis had spread to Belgium and France, and even to Austria, Finland and the Netherlands.

Source Link http://www.cer.org.uk/publications/bulletin-issue/81
Related Links
ESO: Background information: France pushes for Christmas gift from ECB http://www.europeansources.info/record/france-pushes-for-christmas-gift-from-ecb/

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