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Image header Agence Europe
Europe Daily Bulletin No. 10269
GENERAL NEWS / (eu) eu/ecb

ECB continues with exceptional bank lending

Brussels, 02/12/2010 (Agence Europe) - On Thursday 2 December, the European Central Bank (ECB) decided to continue with its exceptional bank lending measures until at least April 2011. It will therefore continue to purchase sovereign debt bonds and gilts from eurozone countries but has not announced any large transactions in this domain, although commentators suggest that such a move would have genuinely calmed nerves on the money markets. Interest rates remain unchanged.

The Governing...

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