The ECB’s was forced to suspend its new stricter credit rules indefinitely concerning bad loans. The banks were screaming “you idiot” for it would have pushed way too many banks over the edge, particularly in Italy. With the Italian elections coming in March, the new rules …………………..
ECB Forced to postpone New Stricter Credit Rules Indefinitely
Mit dem ersten Glied ist die Kette geschmiedet. Wenn die erste Rede zensiert, der erste Gedanke verboten, die erste Freiheit verweigert wird, dann sind wir alle unwiderruflich gefesselt.
— Erik Satie