Latest European Central Bank News

Banks cut back on ECB borrowing
Portuguese banks reduced their borrowings from the European Central Bank (ECB) by some 1.7 billion euros in March 2013, continuing the downward trend seen in the past months, the Bank of Portugal (BdP) said Tuesday. Banks cut back on ECB borrowing …
Read more on The Portugal News

ECB easing bets boost demand at German debt sale
LONDON (Reuters) – Germany drew strong demand at an auction of two-year government bonds on Wednesday, reflecting expectations that a European Central Bank interest rate cut may not be too far away. The ECB signaled last week it was ready to act to …
Read more on Reuters

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