Who Needs Helicopters? Draghi Plans “Fool-Proof” ECB-Backed Debit Card
by Tyler Durden
ZeroHedge.com
04/01/2016
Yesterday’s leaks confirm the ECB’s plans will effectively give Europe’s consumer lenders access to unlimited zero-cost finance – going far further than the free money showered on them by the multiple previous TLTRO financial packages. Under the proposed scheme, European banks have the option to issue their clients a new branded European Banking Union debit card.
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