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ECB Shells Out €1,437 Per Eurozone Citizen to Banks
If your small-time loan you need for your kid's bracelets is denied by your bank's customer representative, you have every right to go berserk. The European Central Bank (ECB) came up with one of their ominous "innovations" on Wednesday that essentially is nothing else than a new form to print ...
FT.com / Europe - ECB pumps record €442bn into system
ft.com — The European Central Bank has pumped a record €442.2bn into the eurozone banking system in a first-ever... offer of unlimited one-year funds as it battles continental Europe’s severe recession. The results of the operation, part of ECB efforts to revive ... (more) FT.com / Europe - ECB pumps record €442bn into system
Are The IMF and The ECB Lining Up Against The EU Commission Over Latvia?
Are The IMF and The ECB Lining Up Against The EU Commission Over Latvia?
fistfulofeuros.net — There was a very interesting and revealing press conference given by IMF First Deputy Managing Director John... Lipsky and European Central Bank governing council member Christian Noyer in Paris on Thursday. Christian Noyer said that, in his opinion, Baltic countries like Latvia would not be ... (more) Are The IMF and The ECB Lining Up Against The EU ...
ECB Lends Record 442 Billion Euros for 12 Months (Update3)
ECB Lends Record 442 Billion Euros for 12 Months (Update3)
bloomberg.com — June 24 (Bloomberg) -- The European Central Bank said it will lend banks 442 billion euros ($621... billion) for 12 months, the most it has ever allotted in an auction, as it steps up efforts to unblock credit markets in the 16-nation euro region. The ... (more) ECB Lends Record 442 Billion Euros for 12 Months (Update3)
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