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Thursday 22 December 2011
ECB in welcome boost for eurozone banks
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ECB President Mario Draghi addresses the European Parliament economic and monetary affairs committee, 19 December, 2011
Reuters/Yves Herman
By David Roe

Eurozone banks rushed to take out cheap three-year loans offered by the European Central Bank on Wednesday 21 December, borrowing 489 billion euros. Graham Bishop, a financial analyst in the City of London says that the amount of money involved is twice what was expected.

Dossier: Eurozone in crisis

 

 

 

 

tags : Debt - Economic crisis - European Central Bank - Eurozone
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