Eurozone supras breathing again after Q4 panic attack
The second half of 2011 were grim times for the EIB, the EU and the EFSF — the financing pillars of the Eurozone. Markets were shut, 2012 funding programmes were in doubt and spreads had ballooned out. What a difference a few months (plus two LTROs and a Greek debt swap) make. Jo Richards asks if the good times are back for good.
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