The head of the European Central Bank, Mario Draghi announced in June 2012 that he would be prepared to act if market volatility in the euro zone rose excessively. This would be in the form of monetary action, a tool the ECB called the Long Term Refinancing Operation. He had already used it twice and seemed close to bringing it out for a third time.
That’s when I went for a take on Super Mario 3. You can see the original article for the Huffington Post here.