A week of new support from the ECB, with Spain and Greece making concerns. British Banks Borrowed £31 bn from the LTRO.

This week has represented a new beginning for the fight against the euro crisis. There have been new actions from the ECB, and policies regarding the prevention of new crisis like the one Europe suffer(ed).

The leaders of the 25 nation’s representative of the European Union were reunited in Brussels, signing a new treaty to overcome this situation and make sure the whole continent won’t repeat this stressful period again. Basically, this is the so called “fiscal compact” that leaders, such as Mario Monti, Italy’s Prime Minister, was calling in order to reach the salvation and fix the defects that right now the union has and does not permit the economy rise together. ....Read More