ECB invites banks to tap new funds it hopes will pep up euro zone

The European Central Bank invited banks on Tuesday to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the euro zone economy but which may see only modest take-up. The program is a key plank of ECB efforts to stave off the threat of deflation…

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ECB invites banks to tap new funds it hopes will pep up euro zone

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