Europe's Rescue Plan Falters

online.wsj.com — Europe's bold program to defuse its financial crisis by injecting cash into the banking system is running out of steam. After months of using that cash to buy their government's debt, banks in Spain and Italy have little left, say analysts and other experts.
Looming problem for #euro zone: Spanish & Italian banks exhausting funds to buy govt bonds t.co/xfHQuG08 w/ @charlesforelle
Hailed as a masterstroke to defuse the financial crisis, Europe's cash injection now is running out of steam t.co/mQ5yLHJI via @WSJ
Spanish & Italian banks are running out of LTRO cash to lend to govts. This is bad. t.co/waPVfNYe w/ @davidenrich