ECB provides over 500 European banks with €489bn from new facility; €200bn in new money injected into banking system
Dec 21st, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The ECB (European Central Bank) announced today that it has provided over 500 European banks with €489bn from its new 3-year facility and it's estimated that almost €200bn in new money has been injected into the Eurozone banking system.