ECB to retain loan terms

The European Central Bank will not improve the terms of its ultra-cheap long-term loans for now, though this may change if it becomes clear that the eurozone economy is taking another turn for the worse, several sources told Reuters.

Banks will get their second chance to get the ECB’s four-year ‘TLTRO’ loans on December 11.

Following low demand at the first round in September, some analysts have speculated that the ECB will look to make this offering more attractive.