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Showing posts with label Spanish and Italian banks. Show all posts
Showing posts with label Spanish and Italian banks. Show all posts

3/05/2012

Europe's Bond Sales Mark ECB Success Story

LONDON—Buyers lined up for auctions of government debt Thursday, helping drive down borrowing costs for countries across the euro zone and providing strong evidence that the wave of cash injected into lenders by the European Central Bank is finding its way to stressed governments.