Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, especially the Austrian banking system has already been bailed out once and is failing again under the weight of its exposure to its Eastern neighbours.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Carrie (migeru at eurotrib dot com) on Fri Jan 6th, 2012 at 06:03:01 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series