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Banking

World news about “Banking” published by euronews.

18/09 14:13 CET

Disappointing bank take-up of ECB stimulus loans

Disappointing bank take-up of ECB stimulus loans

The European Central Bank has reported a rather low take-up of loan money in its latest stimulus package. ECB head Mario Draghi is hoping the four-year loans to banks will help head off deflation and revive the flagging eurozone economy. Of the 400 billion euros on offer, 82.6…