800 EU banks get 529.5 bln euros in ECB emergency loans
800 EU banks get 529.5 bln euros in ECB emergency loans
Published: 29 February, 2012, 14:46
European Banks have sucked up €529.5bn in cheap money from the ECB. It’s the second auction by the European Central Bank in its Long Term Refinancing Operation (LTRO).
The money will help improve liquidity in the market. Stock markets have reacted positively. Analysts also expect that over €100 billion of the new LTRO are likely to be used to refinance current debt, while a significant sum will be deposited at the ECB.
FULL STORY: http://rt.com/business/news/euro-ecb-crisis-loan-cheap-503/
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Riefenstahl - Official Trailer
A captivating insight into the private estate of Leni Riefenstahl, who became world-famous with her Nazi propaganda film "Triumph of the Will" but kept denyi...
Price of Becoming Wise
The answers you seek are not hereLet me make that perfectly clearNow that she is no longer…See More
"tjdavis Thanks for your support! "
The Unnerving Frequency of Disappearances on the Appalachian Trail Pt. 1
There’s another one of the cluster zones of missing persons reports that fails to render the…See More
$ Paid Annual Leave $
"Now is the Time for American Workers to Unite! Take back the squandered taxes and demand time off…"
Mystery illness strikes Russia with fever, blood symptoms, and no cure in sight.
I guess releasing this bio-weapon upon Israeli neighbors would be hitting too close to home. I…See More
The Electric State | Final Trailer | Netflix
Together, robots & humans can take the whole system down. THE ELECTRIC STATE starring Millie Bobby Brown, Chris Pratt and directed by the Russo Brothers, onl...
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network