Tag: bail-out

  • TREASURE HUNT, by François Leclerc

    Guest post. Translated from the French by Tim Gupwell Following the clues for the next bail-out of the Spanish banks is proving to be a veritable treasure hunt. To participate, follow the guide! Initially, the EFSF (European Financial Stability Facility) is going to borrow funds on the markets, using the member states guarantees, in order…