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ECB moves to help region's businesses get loans

2013-07-18 64 Dailymotion

The European Central Bank has said it will ease the rules on what it will accept as collateral from banks.<br /><br />The thinking behind that is the banks will be able to borrow more from the ECB and lend that money on to businesses to boost economic growth. <br /><br />The ECB has said it will now accept lower grade so-called asset-backed securities (ABS).<br /><br />...<br />http://www.euronews.net/

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