I want to know the answer to the following question:
By 2012, how much did the ECB spend in covering bad debt?
All the background I'm provided with is that "As of 18 June 2012, the ECB in total had spent €212.1bn (equal to 2.2% of the Eurozone GDP) for bond purchases covering outright debt, as part of its Securities Markets Programme (SMP) running since May 2010.". Is that enough to answer the question?
Answer: yes