€uro crisis the latest temporary fix.

The article discusses the implications of European Central Bank (ECB) President Mario Draghi's announcement of the plan of ECB to embark on the unlimited buying of eurozone bonds to support debtor governments which will operate in conjunction with the permanent rescue agency European Stability Mechanism. The author points out that the ECB intervention is just another temporary fix that will buy some more time. The impact on Spain of the ECB offer of support is examined.