Thursday threatens to become an important day for banks in the euro area and, accordingly, for the euro because of the expiration of annual loans ECB's € 75 billion, with € 18 billion in six-monthly loans and € 132 billion in three months (a total of € 225mlrd.). This deadline for liquidity is partly to blame for the increasing pressure on spreads PIGS in the last two weeks. The ECB remains very insistent desire to take away from European banks unlimited amounts of liquidity, which they were provided in the last couple of years, so that they will be hoping that the value of new loans for the extension of the old will be slightly below expiring € 225 billionMoody's downgraded the bank Anglo Irish. English expression "is useless to lock the stable when the horse ran away" comes to mind after yesterday's announcement Moody's lowered on unsecured debts of Anglo Irish Bank on a few points. In the absence of other significant news, the euro was selling a little on the news.
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