iBankCoin
Joined Nov 11, 2007
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The ECB Loves Tossed Salad: Draghi Sees ECB Serving Solvent Bank Needs

“European Central Bank President Mario Draghi said policy makers will keep focusing their crisis support on solvent euro area banks as he reiterated it’s not the ECB’s job to fix the cause of the region’s turmoil.

“The ECB will continue lending to solvent banks and will keep the liquidity lines active and alive with solvent banks,” Draghi told a European Union Parliament committee in Brussels today.”

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