Reasons for the ECB acceding to a bailout of troubled financial sectors in Eurozone nations include all the following, EXCEPT:
A) the desire to recognize bad loans by writing them off to protect the fragile fiscal situation of the troubled nations.
B) the desire to prevent a loss of confidence in euro-denominated debt.
C) a desire to protect core EU banks.
D) a desire to protect the collateral assets in the ECB portfolio.
Answer: A) the desire to recognize bad loans by writing them off to protect the fragile fiscal situation of the troubled nations.
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