I was in Portugal last weekend. It is a small country like Ireland. However, the roads are great! Where did we go wrong? Half of the roads we have are twisting donkey treks! No motorways worth speaking of.
With respect, wife and I visited our Dublin res daughter a few years ago and followed her out to Sligo in less than 3 hrs. We drove her 14 yr old Opel (amazing car) and she drove her VW Van, a turbo diesel ( followed her across the country, not a whisp of smoke), and have to say she was close to 65mph most of the time in stinking driving weather. Please regret to our Torquay!
Very good link headtothelane. Its the best explanation I have read so far on the TLTRO.
Other articles contradict his theory a bit. Because of the low bond rates and the 2 year rule they question the benefit of hoarding the money and taking their chances after the 2 year review. But he seems confident they can invest AND lend in a way that allows them gain access to further funding thus makings this a very lucrative scheme for Europe's banks.
put in a buy @ 25.4 yesterday eve , didnt think id get within one cent of it within one day , seems a little soon for a run up to the august report , usually wouldnt start climbing until ten days prior
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