Sponsored Content
Nowotny Wants Bank License for ESM
Sponsored Content
The governor of OeNB (Austrian Central Bank) Ewald Nowotny told the news agency Bloomberg that there would be some good reasons for this solution.

„But there are other arguments, I think this is an ongoing discussion.“ Nowotny said. At the moment, the Council oft the European Central Bank does not specifically debate on this proposal. At last, ECB recejected granting a license to the ESM. This would allow ESM to refinance at ECB.
Austria´s guarantees will amount to € 17.3bn. Furthermore, Austria´s contributions in…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Nowotny to be Re-Elected (July 18, 2012)
Banking Supervision: Nowotny Warns of Botch (July 10, 2012)
„ECB as Only Supervisor Not Likely“ (July 2, 2012)
Euro-Crisis Continues (June 29, 2012)
Nowotny: „Bank Aids Rescue Economy“ (June 23, 2012)
Sponsored Content
Read More
Featured