The ECB's Victor Constancio weighs in on the debate about how the more expansive central bank...

|By:, SA News Editor

The ECB's Victor Constancio weighs in on the debate about how the more expansive central bank funding will be used. He says it is not the ECB's intention that banks use the funds to buy government paper, but that the loans be used for the banks to get past any medium term refinancing hurdles.