New signs of stress are piling up in the ailing European banking system. Commercial banks boosted their reliance on the European Central Bank, borrowing €2.82 billion ($4.07 billion) from an emergency lending facility on Tuesday, while other banks continue to … Continue reading (WSJ) Europe's Banks in Lending Squeeze
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(WSJ) Europe's Banks in Lending Squeeze
New signs of stress are piling up in the ailing European banking system. Commercial banks boosted their reliance on the European Central Bank, borrowing €2.82 billion ($4.07 billion) from an emergency lending facility on Tuesday, while other banks continue to … Continue reading (WSJ) Europe's Banks in Lending Squeeze