European stock markets extended gains on a wave of pre-holiday optimism after the European Central Bank loaned a record amount to the continent's banks in an effort to bolster Europe's stressed financial system. |||
European stock markets extended gains Wednesday on a wave of pre-holiday optimism after the European Central Bank loaned a record amount to the continent's banks in an effort to bolster Europe's stressed financial system.
read more
European Central Bank council member Erkki Liikanen stressed the need for bank recapitalisation to counter debt crisis which he considered as Europe's greatest since World War Two. ||| European Central Bank council member Erkki Liik... Read Post
Here's a warning sign of deteriorating confidence in the European financial system. European banks are increasingly parking capital with the European Central Bank (ECB) instead of loaning it out short-term to their peers. This is de... Read Post
The European Central Bank is making unprecedented three-year loans to the continent's banks in an effort to bolster Europe's stressed financial system. ||| The European Central Bank is making unprecedented three-year loans to the co... Read Post