Lautenschläger sees TLTROs impacting real economy from next year
ECB unveils conditions of latest lending programme
Sabine Lautenschläger yesterday warned the European Central Bank's (ECB) targeted lending programme will "take longer to have an impact" than the other measures unveiled by the governing council last month – but predicted that credit conditions will ease from 2015.
The ECB is launching a series of targeted long-term refinancing operations (TLTROs) in an attempt to address the credit constraints that Mario Draghi fears are "putting a brake on the recovery in stressed countries".
These LTROs will
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Supervisors grapple with the smaller bank dilemma
- Fed policy-makers disagree over risks
- Central bank of the year: Central Bank of Brazil