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AOL.com Video - ECB Floods World Financial System with €529.5 Billion in Loans

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VIDEO:News

ECB Floods World Financial System with €529.5 Billion in Loans

Description:The European Central Bank gave the world's financial system a €529.5 billion Leap Year Day gift, providing financial institutions with that amount in 1 percent-interest, three-year loans this week. (1:44)

Source: IBTimesTV

Tags: European economy , ibtimestv , demand is high for european central bank loans , ecb 3 year loans to banks

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