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Spain banks' ECB borrowing unchanged in October at EU155 bln

Source: Reuters - Fri 14th Nov 2014
Spain banks' ECB borrowing unchanged in October at EU155 bln

Spanish banks' borrowings with the European Central Bank stood at EU154.8 Bln in October, data from the Bank of Spain showed on Friday, practically unchanged from a month earlier.

The country's lenders took an all-time high of EU411 Bln from the ECB in mid-2012, when weak banks needed a bailout from Europe.

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* Brussels reduces Spain's 2015 growth forecast from 21% to 17%

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