Banks gorge on 530 billion euros of ECB funds (Reuters)

[unable to retrieve full-text content]Reuters - Banks grabbed 530 billion euros at the European Central Bank's second offering of cheap three-year funds on Wednesday, fuelling expectations that credit will flow to businesses and borrowing costs will ease for governments hit by the euro zone crisis.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120229/bs_nm/us_ecb_ltro

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