as mentioned in dtnpf
European Central Bank Weighs Stimulus
European Central Bank Weighs Stimulus
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by the same token on foxnews
European Central Bank weighs stimulus as inflation lags
European Central Bank weighs stimulus as inflation lags
The European Central Bank is weighing whether to increase its efforts to boost stubbornly low inflation in the 19-country eurozone at Thursday's meeting of its governing council.The 25-member council led by President Mario Draghi could decide to extend its current bond-buying stimulus program, which is pumping newly printed money into the financial system.Some analysts, however, think the bank is more likely to postpone action to its October or December meetings, or not act at all.
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moreover from tornosnews
European Central Bank aims to reduce Greek NPLs by 50%
European Central Bank aims to reduce Greek NPLs by 50%
Tsakalotos and Nouy debated the prospects of Greek banking system after the recent recapitalizationThe meeting between the Minister of Finance Euclid Tsakalotos and the chief of the SSM's Supervisory Board Danièle Nouy in Frankfurt lasted about an hour and a half.According to reports, the prospects of the Greek banking system, following the most recent recapitalization and management of non-performing loans, were at the top of the agenda.The aim of the European Central Bank is for NPLs to drop to 50%, following the recent legislative reforms on their management, which allows them to be sold on to third parties.
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in like manner express
European Central Bank policies for growth NOT WORKING, warn experts
European Central Bank policies for growth NOT WORKING, warn experts
The ECB could unveil further economy boosting measures on ThursdauMonetary policymakers in the bloc could increase so-called quantitative easing amid low growth and inflation when they meet tomorrow.But Brian Coulton, chief economist at the Fitch ratings agency, has sounded the alarm over the unintended negative consequences of the measures.He said: "Quantitative easing has some downside effects for the profitability of banks.
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