ECB is moving in the right direction

ECB is moving in the right direction

There is no doubt that, under Mario Draghi, the European Central Bank (ECB) has come a long way.

There is no doubt that, under Mario Draghi, the European Central Bank (ECB) has come a long way. Interest rates have fallen, banks have been supplied with new long-term liquidity and there is now a new commitment to buy sovereign bonds of countries in need of assistance, albeit subject to a range of specific conditions. There is no magic bullet to solve this crisis, but Draghi has taken a significant step.

What he has done...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

More from The Business Post