Siemens pulled €500 million and transferred it to the ECB.
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lulz
Les Skifflets!
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FLY
They bought bonds/short term bills as Siemens wouldn’t have an account with the ECB.
oops
that’s more of a question.
its somewhat old news, and they got a higher interest rate outside of bankville…
Siemens denies the FT report that it has withdrawn money from French banks.