Posts Tagged ‘ecb’

Trichet Opposes Europe’s New Fiscal Rule Plans

Thursday, October 21st, 2010

European Central Bank President Jean-Claude Trichet does not fully support plans for new fiscal rules in the EU circulated this week, the ECB said on Thursday.

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Trichet Opposes Europe’s New Fiscal Rule Plans

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