Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
But unless the ECB is moving massively in this market, it's mostly cosmetic anyway

We know the ECB has bought under 80bn of Euro sovereign debt. That's no more than 1/3 of Greece's outstanding debt.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Carrie (migeru at eurotrib dot com) on Fri Feb 18th, 2011 at 01:49:40 PM EST
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