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politicalbetting.com » Blog Archive » So, this errr… Target2 thing. What is it, and why is it spikin
politicalbetting.com » Blog Archive » So, this errr… Target2 thing. What is it, and why is it spiking, and should I care?
With the election of the Lega Nord and Five Star Movement in Italy, Target2 imbalances are growing again. The gap between the creditor nations (mostly Germany and the Netherlands) and the debtors (the PIIGS, less Ireland) is now back at levels last seen at the height of the Eurozone crisis.
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