The grass is always greener: UK banks, the ECB and the LTRO
February 27, 2012
We’d figured this one would cause confusion once a paper reported on it.This morning’s FT noted that RBS and Lloyd’s are considering borrowing from the ECB’s long term refinancing operation (LTRO). Remember, the LTRO is the ECB’s ‘bazooka’ respon…
Posted by Open Europe blog team
