(PMI) European Central Bank Tries Quenching Thirsty Banks 0
Posted on
December 27, 2011 by
Admin
The European Central Bank (ECB) has been overwhelmed by the rush for cheap three-year loans. The demand for these loans has far exceeded expectations — a fact that underscores the difficult times the banking system is going through. A system whose raw material is money has been facing severe liquidity constraints in the wake of [...]