-
ECB prepares to loan 500bn euros to European banks
The European Central Bank is readying another round of low interest loans for Europe's banks that could top 500bn euros (£423bn, $673bn). On Wednesday it will hold its second long-term refinancing operation (LTRO), an opportunity for Europe's banks to borrow money at low interest rates. The first round was carried out on 21 December when banks borrowed 489bn euros. The programme is credited with restoring confidence in Europe's banks. "In some cases, time has been bought that will enable banks to work through their difficulties," said Bridget Gandy, in a report by the credit rating agency Fitch. But Fitch warned ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 28, 2012 11:50pm Feb 28, 2012 11:50pm
- Guest
- | IP XX.XXX.50.231
- Comment #2
- Quote
- Feb 29, 2012 12:14am Feb 29, 2012 12:14am
- Guest
- | IP XXX.XXX.189.98
- Comment #3
- Quote
- Feb 29, 2012 12:28am Feb 29, 2012 12:28am
- billv
- Joined Dec 2011 | Status: Member | 1068 Comments
Have a nice day
- Comment #4
- Quote
- Feb 29, 2012 12:47am Feb 29, 2012 12:47am
- SamD
- | Joined Feb 2012 | Status: Member | 3 Comments
- Comment #5
- Quote
- Feb 29, 2012 12:55am Feb 29, 2012 12:55am
- Guest
- | IP XXX.X.28.194
- Comment #6
- Quote
- Feb 29, 2012 1:07am Feb 29, 2012 1:07am
- Guest
- | IP XXX.XX.173.4
- Comment #7
- Quote
- Feb 29, 2012 1:08am Feb 29, 2012 1:08am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #8
- Quote
- Feb 29, 2012 1:09am Feb 29, 2012 1:09am
- Guest
- | IP XXX.XXX.10.11
- Comment #9
- Quote
- Feb 29, 2012 1:46am Feb 29, 2012 1:46am
- Guest
- | IP XX.XXX.221.149
- Comment #10
- Quote
- Feb 29, 2012 1:53am Feb 29, 2012 1:53am
- Manekineko
- | Joined Dec 2011 | Status: Member | 138 Comments
- Comment #11
- Quote
- Feb 29, 2012 2:01am Feb 29, 2012 2:01am
- Guest
- | IP X.XX.236.40
- Comment #12
- Quote
- Feb 29, 2012 2:45am Feb 29, 2012 2:45am
- Guest
- | IP XX.XX.91.6
- Comment #13
- Quote
- Edited 2:50am Feb 29, 2012 2:48am | Edited 2:50am
- Ever E. Man
- Joined Feb 2012 | Status: Grand Ultimate | 455 Comments
The mind thinks, the heart knows...
- Comment #14
- Quote
- Feb 29, 2012 3:04am Feb 29, 2012 3:04am
- turanius
- | Joined Jun 2009 | Status: Senior Asset Manager | 329 Comments
- Comment #15
- Quote
- Feb 29, 2012 3:59am Feb 29, 2012 3:59am
- banana9009
- | Joined Feb 2007 | Status: Member | 59 Comments
- Comment #16
- Quote
- Feb 29, 2012 4:16am Feb 29, 2012 4:16am
- turanius
- | Joined Jun 2009 | Status: Senior Asset Manager | 329 Comments
- Comment #17
- Quote
- Feb 29, 2012 4:49am Feb 29, 2012 4:49am
- KimKim23
- | Joined Nov 2011 | Status: Member | 40 Comments
- Comment #18
- Quote
- Feb 29, 2012 4:52am Feb 29, 2012 4:52am
- Guest
- | IP XX.XX.91.6
- Comment #19
- Quote
- Feb 29, 2012 5:13am Feb 29, 2012 5:13am
- spekitox
- | Joined Sep 2008 | Status: Lucky Man | 715 Comments
forget about tomorrow, just steal away into the night