ECB, changes the operating system, reflects the new policy - Last hour. The decision "recognizes the significant changes in the financial system and monetary policy in recent years", said ECB President Christine Lagarde.
The European Central Bank, in the new structure that opens after the 'operational framework' announced today, will provide liquidity through a mix of instruments that includes three-month bank financing (LTRO) and "in a subsequent phase, long-term structural operations and a portfolio structural titles"