BUSINESS

Banks on long-term ECB funding, penalized with stress tests

The rates at which banks lend and borrow to each other in European money markets have begun to rise, according to Financial Times, quoted by Mediafax. One-week Euribor has increased from 0.08 per cent in January to just below 0.1 per cent now; one-month Euribor has risen from 0.1 per…...

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