Items tagged with: refinancing

euro zone in recession - Draghi special loans for banks bot not for the real economy

‘special loans for banks, which is why one could also speak of the “president of the bank rescuers”.

Because a “new (third) series of long-term loans for the commercial banks of the Euro-Zone” will be offered as a TLTRO III (Targeted Longer-Term Refinancing Operations) designate, writes the Neue Zürcher Zeitung (NZZ): “Between September 2019 and March 2021, the ECB wants to offer the banks on a quarterly basis, such refinancing operations.” (src: auto translated from heise... Show more...
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