Now THAT’S interesting. A Reuters headline implies that Germany will manage the treasury activities of the SPV that will finance the EUR stabilization fund, if it become necessary. The German agency could launch the bonds from the special purpose vehicle.
Looks like Germany is trying to regain some of its lost influence in the euro zone…
EUR/USD trades at mid-range, at 1.1940.
UPDATE: Also of interest, the Hungarian PM says he is banning mortgages denominated in foreign currencies…
