Easy does it for ECB
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The interest rate the European Central Bank pays banks parking their money with it is zero. Tanguy Le Saout, head of European fixed income at Pioneer Investments discussed with capital markets editor Ralph Atkins what more the ECB can do to encourage banks to lend and lower actual business borrowing costs in the eurozone periphery.
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http://www.ft.com/intl/cms/s/0/beac3f7c-3add-11e2-bb32-00144feabdc0.html
http://www.ft.com/intl/cms/s/0/e5361f04-3ec1-11e2-87bc-00144feabdc0.html
For more video content from the Financial Times visit http://www.FT.com/video
The interest rate the European Central Bank pays banks parking their money with it is zero. Tanguy Le Saout, head of European fixed income at Pioneer Investments discussed with capital markets editor Ralph Atkins what more the ECB can do to encourage banks to lend and lower actual business borrowing costs in the eurozone periphery.
Related Articles:
http://www.ft.com/intl/cms/s/0/beac3f7c-3add-11e2-bb32-00144feabdc0.html
http://www.ft.com/intl/cms/s/0/e5361f04-3ec1-11e2-87bc-00144feabdc0.html
For more video content from the Financial Times visit http://www.FT.com/video
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