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You're conflating "national central banks" with "state-owned banks". There is no mention of the Bundesbank here. In fact, the Bundesbank and the ECB are washing their hands here.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Sat Feb 13th, 2010 at 06:12:02 AM EST
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