Close up: ECB bids to ease bank stress

The European Central Bank may have been slammed for failing to act as a lender of last resort to the eurozone's crippled economies - but when it comes to Europe's banks, it does seem able to do enough. Since taking the helm from Jean-Claude Trichet last year, the ECB's new chief Mario Draghi, and his team, have pumped unprecedented liquidity -- cheap money -- into the European banking system.... http://www.euronews.net/