“The stubborn ECB would rather kill any chance of the PIIGS recovery rather than consider further QE, which it finds unacceptable, citing the threat of a rise in inflation. Deflation, not inflation, is the risk which plagues the PIIGS."
in CNBC.com
Related ETFs: iShares MSCI Spain Index (ETF) (NYSE:EWP), National Bank of Greece (ADR) (NYSE:NBG), Bank of Ireland (ADR) (NYSE:IRE), iShares MSCI Italy Index (ETF) (NYSE:EWI)
