Ecb: Banks Risk Being Hooked On Bailouts [Edition 2]
Evening Standard - London › November 20, 2009
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Summary
THE head of the European Central Bank today warned that banks run the risk of becoming addicted to the cheap funding it has supplied to save the system from collapse.
ECB president Jean-Claude Trichet said the billions of euros of emergency funding the central bank has pumped into the banking system must be withdrawn as the recovery gains momentum.See the full content of this document
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Ecb: Banks Risk Being Hooked On Bailouts [Edition 2]
He also warned banks that taxpayers would not...
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