06/05/14
March7
Europe’s Central Bank Now Charging Banks To Hold Deposits
From the article:
The European Central Bank is now charging its customers, the world’s biggest banks, to hold their money rather than paying them interest, in an effort to encourage them to lend to consumers and promote spending to help the euro zone economy grow.
http://www.ibtimes.com/europes-central-bank-now-charging-banks-hold-deposits-1594806