0 minute readThe European Central Bank said it will lend banks €131.9bn ($161.5bn) for three months, less than economists forecast and a sign that the region’s financial industry may be stronger than investors estimated. Banks tomorrow need to repay €442bn in 12-month funds, the biggest amount ever awarded by the ECB and a key plank in its efforts to fight the financial crisis last year.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
