Frankfurter Allgemeine Zeitung cites Open Europe’s figures showing that the ECB’s exposure to the PIIGS (Portugal, Italy, Ireland, Greece & Spain) now tops €917bn, an increase of 106% from a year ago. The article notes that €703bn of that exposure is in lending to banks in these struggling countries. (Open Europe.)Friday, April 27, 2012
No Matter. It Is Easily Affordable With Our Super-Strong Economy.
Frankfurter Allgemeine Zeitung cites Open Europe’s figures showing that the ECB’s exposure to the PIIGS (Portugal, Italy, Ireland, Greece & Spain) now tops €917bn, an increase of 106% from a year ago. The article notes that €703bn of that exposure is in lending to banks in these struggling countries. (Open Europe.)
Taybeh.
Cardinal visits struggling Taybeh in solidarity. The ruins of the Church of St George lie in the Christian West Bank town of Taybeh. (Phot...
.jpg)
