The Traderszone Network

Published in TZ Latest News 15 April, 2015 by The TZ Newswire Staff

Greece casts shadow as ECB money printing buoys euro zone

European Central Bank policymakers have sanctioned further emergency funding for Greece’s banks, a banking source said, amid clear signs that the wider euro zone economy is picking up. With an ECB survey showing banks expecting the strongest demand for company loans in over a decade, its President Mario Draghi will be able to claim an early success for the 60 billion euros-a-month money printing scheme it launched last month.

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