ML's tumblelog

Aug 14
“Italy’s leader, Silvio Berlusconi, lashed out at Europe after a leaked letter showed that the ECB had dictated the exact details of Rome’s new austerity policies as a condition for ECB bond purchases. ”They made us look like an occupied government. They bought the bonds to save themselves, not Italy,” he said, according to Il Messaggero.” Effects of US downgrade roll on