ECB Considers Restricting Credits

Politics ♦ Published: November 27, 2013; 13:52 ♦ (Vindobona)

The ECB takes the option of restricting banking to industrial enterprises only into consideration.

ECB Considers Restricting Credits / Picture: © Vindobona.org

The ECB considers new options on its path to leave the financial and economic crisis behind. According to reports by “Süddeutsche Zeitung”, the European Central Bank (ECB) is thinking about attaching stricter conditions to financial injections. The Council of the ECB considers imposing a new long-term credit-line which can be used by banks for industrial enterprises and other…