ECB to ease collateral requirements for banks looking to borrow
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FRANKFURT (Reuters) - The European Central Bank will ease collateral requirements to make it easier for banks to borrow at rock bottom rates, it said in a statement on Tuesday."The measures collectively support the provision of bank lending especially by easing the conditions at which credit claims are accepted as collateral," the ECB said in a statement."The (ECB) is increasing its risk tolerance to support the provision of credit via its refinancing operations, particularly by lowering..