Tuesday, Jun 29, 2010

Lending and borrowing

WSJ: BUSINESSJUNE 29, 2010.ECB Walks a Fine Line Siphoning Off Its Liquidity

The European Central Bank is scrambling to reassure markets that Thursday's expiration of a €442 billion ($547.46 billion) bank-lending program won't destabilize the financial system, even as banks across the region remain wary of lending to one another.

Posted by alan @ 09:05 AM (366 views) Add Comment

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