By the end of 2018, the state had spent €66.8 billion directly on the banks and a further €22 billion to service the debts it entered into in borrowing much of this money.8 That’s €100 billion taken from a working population of 2.2 million. For this, the people got assets and income worth about €48 billion. Around €42 billion, in other words, was sucked into a black hole.
