Friday, Feb 27, 2009
Now We've Got Loadsamoney Too!
FT Alphaville: Eastern Europe gets €24.5bn
"Eastern Europe has received its own special bailout after all. Well, not technically a bailout, it comes as “aid” via the World Bank, European Bank for Reconstruction and Development and the European Investment Bank in a bid support the region through its first technical recession since the breakdown of the communist system".
Posted by alan @ 05:11 PM (403 views) Add Comment
2 Comments
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1. mark wadsworth said...
... in other words, the EU bailed them out by the back door.
2. inbreda said...
I'll bet that's not condoned in the bible