Where does the european main wall get hold of its money from?
hi...Ive purely read that the european central hill have injected 155billion euros (212 us dollars) into the euro open market, what i would close to to know is where on earth did they grasp that money from?
thankyou
Dan
Answers:
You can compare the Federal Reserve to the European Central Bank. Just as the Federal Reserve is the "inside bank" of the United States, the ECB is the Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain. So, a moment ago as the US prints money for the feds to inject at specific times these associate government do similarly. By the bearing, the feds enjoy injected over 38 billion into the US economy- to prevent a loan crisis cause by bank refuse borrowers. We can thank those wonderful subprime loans for that.
You can scour Wikipedia for spare info.
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thankyou
Dan
Answers:
You can compare the Federal Reserve to the European Central Bank. Just as the Federal Reserve is the "inside bank" of the United States, the ECB is the Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Slovenia, Spain. So, a moment ago as the US prints money for the feds to inject at specific times these associate government do similarly. By the bearing, the feds enjoy injected over 38 billion into the US economy- to prevent a loan crisis cause by bank refuse borrowers. We can thank those wonderful subprime loans for that.
You can scour Wikipedia for spare info.