President Christine Lagarde said on Wednesday that the ECB will focus on both its €1.35 trillion ($1.6tn) emergency bond purchases and TLTROs -- targeted longer-term loan operations. AFP
President Christine Lagarde said on Wednesday that the ECB will focus on both its €1.35 trillion ($1.6tn) emergency bond purchases and TLTROs -- targeted longer-term loan operations. AFP

Economy

Ultra-cheap loans should be at the core of stimulus, ECB member says

Financial institutions took up €174.5bn in loans in September, and a record €1.3tn in the previous round in June

Bloomberg

November 13, 2020