► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Targeted longer-term refinancing operations, part of Mario Draghi’s scheme to reboot the eurozone economy, saw just half the demand expected from banks. Huw van Steenis of Morgan Stanley tells Christopher Thompson this was not as disappointing for Mr Draghi as you might think.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
