European banks take up new wave of stimulus to bolster economy
An offer for its ultra-cheap, three-year loans was taken up by 742 banks for a total of €1.31-trillion on Thursday
18 June 2020 - 18:02
Frankfurt/London — The European Central Bank (ECB) reached another trillion-euro milestone in its fight to bolster economies that are seeing years of growth wiped out in months by the coronavirus pandemic.
An offer for its ultra-cheap, three-year loans was taken up by 742 banks for a total of €1.31-trillion on Thursday. That’s in line with predictions of €1.2-trillion to €1.5-trillion...
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