Liquidity or moratorium?
Published on Monday, March 26, 2018
Liquidity or moratorium?
The ECB announced recently that it is studying the possibility of centralising emergency liquidity assistance (ELA) for banks in difficulties. At present the responsibility for this window lies with the national central banks, although with the authorisation of the ECB above certain limits.
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Press article (EPUB)
67403_199553.epub Spanish March 26, 2018Press article (PDF)
67403_199553.pdf Spanish March 26, 2018Geographies
- Geography Tags
- Europe
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- Central Banks
Tags
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- Banking union
- Liquidity
- Loans
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