posted bytsukushi 739 days ago
in EURmade popular 739 days ago
The European Union’s (EU) record-breaking $960 billion bailout package has finally stabilized the markets for the time being. The European Central Bank (ECB) has already spent $8.67 billion to buy Greek, Irish, Portuguese, Spanish and Italian bonds in an effort to stop soaring borrowing costs imposed by investors demanding austerity measures.