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ECB methadone is a tough habit to kick: James Saft

29-Aug-2008
Story Timeline:  99 days

By James Saft LONDON (Reuters) -The ECB will find it tough to withdraw the financing life-support it has been offering banks, illustrating just how difficult it is to stave off a banking crisis without creating moral hazards. The ECB allows banks to post a wide array of assets as collateral for loans from the central bank. While this has been important in helping Europe's banks to finance themselves in the past... [read full story]                    

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Money supply growth eased in July: ECB

yahoo.com 28-Aug-2008
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ECB's Bonello Says Markets Correctly Assume No Rate Change in 2008

economicnews.ca 27-Aug-2008
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