![]() Bloomberg |
Frozen Europe Means ECB Must Resort to ELA as Finance Lights Dim
Bloomberg The European Central Bank is trying to limit the flow of information about so-called Emergency Liquidity Assistance, which is increasingly being tapped by distressed euro-region financial institutions as the debt crisis worsens. Preparing For A Greek Exit, In 4 Easy Steps Euro top jobs tussle to leave ECB Board seat empty US money market funds shun eurozone banks |