Rumor ECB Eyeing $500B Debt Quarantine in ‘Bad Bank’

[Nostoman]

Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.”
The European Central Bank (ECB) may be fearing default as rumors circulate that it plans to plant at least half a trillion euros of “bad” debt in a “bad bank.”

As Reuters reported on June 10 citing two people familiar with the matter, the ECB now wants to quarantine its financial junk.
Source: https://cointelegraph.com/news/not-with-bitcoin-rumor-ecb-eyeing-500b-debt-quarantine-in-bad-bank