Posts Tagged ‘442-billion’

Spain Banks’ ECB Borrowing Surges to Record High

Wednesday, July 14th, 2010

Borrowing by Spanish banks from the European Central Bank surged in June to a new record high, indicating tight access to funding before the expiry of 442 billion euros in one-year ECB loans at the start of July.

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Spain Banks’ ECB Borrowing Surges to Record High