Michael Roberts — Beware the ECB bearing gifts for Greeks
Mike Norman Economics 2017-10-11
The announcement by the European Central Bank that it has so far made €7.8bn in profits from its holdings in Greek government debt reveals the true nature of the so-called bailouts of Greek government finances that the EU leaders organised in return for massive austerity measures from 2012 onwards....Michael Roberts Blog Beware the ECB bearing gifts for Greeks Michael Roberts