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

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Posted March 7, 2016 by Sue Says in category In the News

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