Friday, February 27, 2009

Now We’ve Got Loadsamoney Too!

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 (817 views)
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2 thoughts on “Now We’ve Got Loadsamoney Too!

  • mark wadsworth says:

    … in other words, the EU bailed them out by the back door.

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  • I’ll bet that’s not condoned in the bible

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