Another possibility could be allowing banks to have ECB credit for periods longer than the current 3-month maximum â¿¿ as the bank has already done several times. In late 2011, and again in early 2012, the ECB issued just over 1 trillion euros in low-interest, three-year loans to banks. The measure did help stabilize the eurozone's banks but did not stimulate much new lending to companies.Draghi said any new approach "wasn't an obvious action" and that the bank was "thinking 360 degrees" on new tactics.
Draghi: ECB Looking At New Tools For Growth
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