According to the German newspaper, the ECB is evaluating the possibility of buying asset backed securities (ABS) to clean up bank balance sheets and stimulate credit to businesses and households with the risk of becoming a 'Bad bank' for non-performing credit institutions Southern European credit.
The ECB is evaluating the possibility of buying asset backed securities (ABS) to clean up banks' balance sheets and stimulate credit to businesses and households with the risk of becoming a 'Bad bank' for the non-performing loans of southern European lenders .
To write it is the German newspaper The World citing some sources, according to which the majority in the board, starting with President Draghi, would be in favor while Weidmann, Mersch and Asmussen would be against.
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