ECB Liquidity Injections

The ECB’s three-year loan programme, which now exceeds €1trn following last month’s €530bn injection, helped boost market sentiment. However, not everyone was happy, prompting a tightening up of collateral arrangements…
Bundesbank at odds with ECB over loans, Financial Times, 29 Feb 2012
Disquiet within ECB laid bare after cash injection, Reuters, 1 Mar 2012
ECB tightens banks’ use of assets as collateral, Financial Times, 23 Mar 2012