The European Central Bank has re-opened its war-chest. Outgoing head Jean-Claude Trichet said the ECB would lend to banks and start buying up bonds – but he warned that only governments and banks could fix the problems.
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Expatica news
Expatica news
The European Central Bank has re-opened its war-chest. Outgoing head Jean-Claude Trichet said the ECB would lend to banks and start buying up bonds – but he warned that only governments and banks could fix the problems.