Draghi press conference: Far from thinking about tightening collateral rules, Draghi says they...

|By:, SA News Editor

Draghi press conference: Far from thinking about tightening collateral rules, Draghi says they "can be looser, much looser." The statement causes some laughter in the room as it suggests there is essentially no downward bound on what institutions can present to the central bank in exchange for freshly minted euros. European shares return to near the day's highs, and why not.