Dec 12, 2014
Yesterday’s TLTRO allotment questions ECB’s balancesheet expansion – ING
Martin van Vliet, Senior Economist – Eurozone at ING, notes that yesterday’s TLTRO allotment of €129.8bn was disappointing, raising doubts about the feasibility of ECB’s intention to increase its balancesheet by €1tr through TLTRO’s and bond purchases.
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