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Bold Bid To Save The Euro Is Unleashed

uk.news.yahoo.com
[Yahoo! News UK] - Martin van Vliet, analyst at ING Bank, said doubts remain over whether the money will be used to support weaker eurozone economies. He said while the take-up was "massive", the number of banks involved was smaller than the two years ago when 442

Cash-strapped banks snap up £417billion in loans from ECB

metro.co.uk
[Metro] - It was hoped some of the money would be used to buy bonds in eurozone countries but this was unlikely, said ING analyst Martin van Vliet. 'We doubt whether the money will be used extensively to fund purchases of peripheral debt, given concerns about

Guardian: Eurozone crisis live: China slowdown fears add to anxiety

[The Guardian] - Martin van Vliet at ING says the readings suggest the "eurozone economy is slipping into a 'mild' recession rather than falling off a cliff". The pick-up in the composite PMI was primarily driven by a further improvement in the services component

Europe credit crunch fear as banks stash cash in ECB

www.thisislondon.co.uk
[Evening Standard] - ING Bank analyst Martin Van Vliet said: "This reflects the strains on the interbank market at the moment - there's been a strong upward trend in the amounts that some banks are depositing with the ECB." Europe's sovereign debt crisis has seen scores of
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