The take-up of the ECB's TLTRO program announced back in June was materially lower than expected. About €83bn worth of cheap long-dated loans was picked up by the area's banking system. Many had expected €150bn and even greater. Part of the reason is that banks that are not quite ready to deploy the funds don't want to sit on cash with negative rates.
Similar Stories to The Eurozone Economy Is Turning The Corner on Bing News
Sober Look, Business Insider
Mon, 09/22/2014 - 2:18am
Topics: ecb's tltro june qe it mro eurosystem tltro abs basel accord bis mario draghi improved german italy france ukraine the ecb ecb ltro eurozone eu german economy is turning the corner area expected balance sheet credit industrial bank part banks take-up combined weaker easing production expectations continue loans time negative resulted rates trade expand contraction
BING NEWS:
- Don't like this economy? OK, just wait for Trump and the GOP to ruin it
So, as everybody knows — to borrow Trump’s favorite rhetorical device — the notion that Republicans do better with the economy is a worthless statement clause, one might say, in the GOP’s continuing ...
05/4/2024 - 4:12 am | View Link - Why a thorny union of two Pa. municipalities can still succeed despite lack of legal remedy
The ongoing consolidation between DuBois and Sandy Township is only the second one in Pennsylvania after lawmakers standardized the process. It has shown the limits of state law.
05/1/2024 - 4:40 am | View Link - European economy bounces back from recession, ignites speculation by cutting interest rates
The European economy demonstrated signs of recovery in the first quarter of the year, surpassing expectations and marking an optimistic turn in its t ...
04/30/2024 - 11:25 pm | View Link - European economy rebounds, but June rate cut still on the cards
The bounceback has not triggered inflation, creating space for the European Central Bank to start easing the squeeze before the US Federal Reserve.
04/30/2024 - 7:55 am | View Link - Eurozone economy rebounds in first quarter, inflation stable in April
The eurozone economy emerged from recession with greater-than-expected growth in the first quarter of 2024 and inflation held steady in April, official data showed Tuesday.
04/30/2024 - 1:50 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more