Thursday, December 2, 2010

Central Bank in Europe Will Keep Up Lending During Crisis

By Jack Simony

The European Central Bank will extend it's extraordinary support to banks for an additional three months to relieve some of the pressures in financial markets there, the New York Times reported Thursday.

Some investors were disappointed by the move, because they hopped for a stronger display of resolve to rally faith behind the euro.

- By Jack Simony

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