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ECB begins great cash mop-up as banks repay €296 bln of loans

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Eurozone banks are set to repay E296 bln in loans to the next week, the ECB said on Friday, the biggest cash withdrawal from the euro zone’s financial system in the euro’s 22-year history, according to Reuters. The move is part of ECB efforts to fight record-high inflation in the eurozone by […] The post ECB begins great cash mop-up as banks repay E296 bln of loans appeared first on Știri online, ultimele știri, presa online, ziar online - Sursazilei.ro .

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