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Europe Daily Bulletin No. 10570

9 March 2012
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Draghi says long-term refinancing an “unquestionable success”

Brussels, 08/03/2012 (Agence Europe) - The European Central Bank is sure that the two long-term refinancing operations have been an “unquestionable success” in calming the markets and easing the sovereign debt crisis. “The environment has improved enormously”, explained the EIB president, Mario Draghi, on Thursday 8 March as he left a meeting of the ECB Governing Council that he had been chairing. He said the markets have reopened and the interbank markets are slightly better. In...

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