ECB Backs Away From Use of ‘Big Bazooka’ to Boost Credit

The European Central Bank is backing away from any “big bazooka” style intervention to revive lending within the euro zone, delivering a blow to some market hopes of ambitious action. Small and medium sized businesses that form the backbone of the Spanish and Italian economies have seen their b…

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ECB Backs Away From Use of ‘Big Bazooka’ to Boost Credit

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