September has revitalised the Euro and the financial markets. After ECB president Mario Draghi announced that the central bank would undertake an unlimited bond-buying plan for Monetary Union members in trouble, the German Constitutional Court also ruled in favour in the creation of the European Stability Mechanism (ESM). With the ESM set to assume the ECB's bond-buying role on a permanent basis, the short-term outlook for Europe looks more secure.
Showing posts with label Why the World Is Now Watching Spain. Show all posts
Showing posts with label Why the World Is Now Watching Spain. Show all posts
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