The ECB is pressuring the EU to take €77B in PIIGS debt off of its hands. Not surprisingly, the...

|By:, SA News Editor

The ECB is pressuring the EU to take €77B in PIIGS debt off of its hands. Not surprisingly, the EU is cool to the idea, but sources say the ECB could have an ally in Angela Merkel, who may go against the wishes of her party and allow the EFSF to purchase the dodgy paper.