Banks slow crisis money repayment to ECB

Banks will pay back another 3.5 billion euros next week of the emergency 3-year loans they took from the European Central Bank a year ago, further deflating the ECB’s balance sheet after they paid back a whopping 137 billion euros this week. The repayments, which the ECB said would be made by 27…

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Banks slow crisis money repayment to ECB

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