(From 23 December 2011)
The ECB has finally acted as a lender of last resort (without limit) to the European banks, who had been threatened by the weakness in the European Government bonds they hold. These bonds are now being used as collateral by the banks for three year money from the ECB at 1% per annum.
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Talking Point A New Year Wish
It’s a difficult one. I’d look at the CB40 plrsonaley. What we are beginning to see though is counties use more players, younger ones in particular, because there are so many matches. This I think is the one positive to come from such a hectic schedule. Players who would otherwise spend their time in the 2nd team get thrust into the limelight. If I was a youngster at a county, I’d be loving it. Plus it pushes clinger-ons like Shaun Udal off the edge. That cannot be a bad thing 🙂