Published on Monday, March 26, 2018
Liquidity or moratorium?
Summary
The ECB announced recently that it is studying the possibility of centralising emergency liquidity assistance (ELA) for banks in difficulties. At present the responsibility for this window lies with the national central banks, although with the authorisation of the ECB above certain limits.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Central Banks
Tags
- Tags
- Banking union
- Liquidity
- Loans
Documents and files
Authors
SF
Santiago Fernández de Lis
BBVA Regulation - Head of Regulation