Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I can't remember if NAMA ended up on the official deficit or not? If they construct the SPV properly and browbeat the statistical agencies properly then they can take on all that debt without it being part of the deficit. Cunning, eh?
by Colman (colman at eurotrib.com) on Mon Dec 19th, 2011 at 09:18:04 AM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series