GOLDMAN: Spain Will Formally Request A Bailout Next Weekend
Mario Draghi and the ECB have spoken on the new bond-buying plan that markets have been waiting for since the last time the ECB stopped buying bonds.
Earlier, we highlighted BofA's take on the plan (they were disappointed by the details).
Goldman Sachs debriefed clients this afternoon on today's ECB announcement. Goldman economist Dirk Schumacher wrote in a note that indeed, "The announcements made at today’s ECB press conference were broadly in line with our expectations."