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Portugal's domestic banks tap ECB for record amounts of funding
Bank of Portugal says domestic banks' use of European Central Bank's facilities rose to a record €56.3bn in March.
The reliance of eurozone banks on the European Central Bank was demonstrated on Monday when Portugal revealed that its domestic banks were tapping the central bank for record amounts of funding.
Bank of Portugal says domestic banks' use of European Central Bank's facilities rose to a record €56.3bn in March.
The reliance of eurozone banks on the European Central Bank was demonstrated on Monday when Portugal revealed that its domestic banks were tapping the central bank for record amounts of funding.
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