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    ECB Ready To Act To Help Credit Market If Needed: Liikanen

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    Wochit Headline News

    by Wochit Headline News

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    The European Central Bank is ready to boost liquidity in the credit market by issuing another long-term loan if necessary, ECB Governing Council member Erkki Liikanen was quoted as saying by Italy's Corriere della Sera newspaper.The ECB carried out so-called long-term refinancing operations to ease funding strains at the height of the euro zone debt crisis.