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Banks Set to Double Crisis Loans From ECB

January 31, 2012

European banks are preparing to tap the European Central Bank’s emergency funding scheme for up to twice as much as the ECB supplied in its debut €489bn auction last month, providing further evidence of the sector’s liquidity squeeze. The FT reports.

Source: http://www.cnbc.com/id/46198710?__source=RSS*tag*&par=RSS
 
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