ECB Says Ready To Provide Liquidity If Needed
Posted on June 15, 2012 at 08:14 AM EDT
    The European Central Bank will continue to provide funds to healthy banks during the current turmoil in the euro area, ECB President Mario Draghi said.     “As you are all aware, the ECB has the crucial role of providing liquidity to sound bank counterparties in return for adequate collateral. This is what [...]

    The European Central Bank will continue to provide funds to healthy banks during the current turmoil in the euro area, ECB President Mario Draghi said.
    “As you are all aware, the ECB has the crucial role of providing liquidity to sound bank counterparties in return for adequate collateral. This is what we have done throughout the crisis, faithful to our mandate of maintaining price stability over the medium term – and this is what we will continue to do. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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