Select a language
In a bid to stimulate economic recovery in Europe, on 3 July the executive board of the European Central Bank (ECB) decided to increase the amount of credit to be made available to businesses in successive liquidity auctions this year from €400bn to €1trn, reports Cinco Días.
With this decision, the Madrid business daily argues that "Draghi is fanning the flames" to "combat the prospect of long-term low inflation in the euro zone." The ECB has also decided to increase transparency by publishing minutes of its meetings.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
Read more on this topic
