ECB loans Euro 131.9 billion in 3-month refinancing

Discussion in 'Economics' started by ASusilovic, Jun 30, 2010.

  1. LONDON (MarketWatch) -- The European Central Bank allotted just 131.9 billion euros ($161.1 billion) in three-month loans to euro-zone banks at an interest rate of 1% on Wednesday, news reports said. The total was below expectations. The refinancing was closely watched as a gauge of the health of European banks, coming ahead of Thursday's expiration of a 442 billion euro 12-month refinancing operation.

    So far as to the fear mongering mob out there...:cool:
  2. S2007S


    It seems no matter what there is always money coming from somewhere, again there is no such thing as failure.