ECBs 400 miljarder euro TLTRO

The European Central Bank’s decision to cut rates below zero was the headline-grabber but ECB-watchers view the central bank’s offer of up to €400bn in cheap, fixed-rate loans

 – known officially as a targeted longer-term refinancing operation (TLTRO) – 

as the package’s centrepiece.

http://www.nejtillemu.com/draghi.htm#TLTRO