ECB totting up funding flows in Euro area. But look closely at the timeline and you see: 1 trn euro

ECB totting up funding flows in Euro area. But look closely at the timeline and you see: 1 trn euro in new national debt in 2020, c. 300bn in bank loans to firms. And all that new supranational EU funding? Spread out over 2021-7.
ecb.europa.eu/pub/financial-… https://t.co/ZQm9mCZN0a

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