ECB Preps For Financial-System Pullback

04 Dec 2009

Jean-Claude Trichet, president of the European Central Bank, said the ECB is starting to pull back its support of Europe’s financial system.

Jean-Claude Trichet, president of the European Central Bank, said the ECB is starting to pull back its support of Europe’s financial system. Trichet explained that the decision was based on improved conditions in the financial markets, an indication that “not all our liquidity measures are needed to the ...

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