Re: Re: Spain’s premier Jose Luis Zapatero expects the ECB…


@ralita wrote:

It is just that Spain and Ireland were very , very happy with the low ECB interest rates (the main cause of property bubble). Now, when the rates went a bit up (but still extremely low), they want to be bailed out by ECB.

So you think he is bad for doing his job?
We may not like it, we may disagree with it, but sure enough his critics would be the first to shout if he did not try.