Analysis of Development Co-operation
 
  Documents   Useful links   FAQ   Contact us  

Main Menu

Yes, it’s legal for the European Central Bank to save Europe

The Washington Post, 16 November 2011 - At this point, a wide range of economists agree that any plan to avert a breakup of the euro zone will have to involve the European Central Bank stepping up and pledging to backstop the debt of countries like Italy and Spain.