Germany’s Angela Merkel faced mounting domestic criticism of her euro zone policies on Monday, with the Bundesbank slamming an anti-crisis package she agreed to in Brussels last month and a senior ally warning he would vote against key parts of it.
Elsewhere in the currency bloc, a week-long row over Finnish demands that Greece cough up collateral as a condition for new bailout loans raged on, with the Netherlands condemning a bilateral deal between Helsinki and Athens as illegal.
Regards,
Don
More on this topic
(What's this?)
Supply of quality collateral is short, GSE’s are key
(ValueWalk.com, 1/26/12)
Collateral Damage
(Gold Stocks Today, 12/31/11)
TARGET2 and the collateral imbalance - diagram
(Sober Look, 1/2/12)

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