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Published on Monday, March 26, 2018

Liquidity or moratorium?

The ECB announced recently that it is studying the possibility of centralising emergency liquidity assistance (ELA) for banks in difficulties. At present the responsibility for this window lies with the national central banks, although with the authorisation of the ECB above certain limits.

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Press article (EPUB)

67403_199553.epub Spanish March 26, 2018
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Press article (PDF)

67403_199553.pdf Spanish March 26, 2018
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Press article (EPUB)

67411_199594.epub English March 26, 2018
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Press article (PDF)

67411_199594.pdf English March 26, 2018
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Authors

Santiago Fernández de LisHead of Regulation

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Europe

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Central Banks

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