ECB's Lane sees significant take-up for TLTRO loans 'over time'
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NEW YORK (Reuters) - The European Central Bank expects euro zone banks to take up significant amounts of multi-year loans "over time" after the latest auction of its Targeted Long-Term Refinancing Operation (TLTRO) received few bids, the ECB's chief economist Philip Lane said on Friday."We expect a significant TLTRO take up over time," Lane told a Reuters event in New York.