DislikedIts basically developed as a firewall or insurance , when politics get it wrong dealing with the European debt crisis. If one of the countries gets it wrong for any reason, ECB will jump almost immediately to an unlimited bond buying program - cash flow - to governments half an inch from default and exist European union. It will only takes the government 24 Hours or Max 48 hours to sign the agreement and pass it throw parliament in emergency vote and get the cash pumped up ...Ignored
Always looking the GREAT, never left GOOD Point...