http://teodesian.net//posts/bfda6826-13f8-11ec-bdd7-fc1ea71e1450?format=xml teodesian.net : /posts/bfda6826-13f8-11ec-bdd7-fc1ea71e1450 en 2026-04-30T21:13:18 2026-04-30T21:13:18 /favicon.ico http://teodesian.net 32 32 teodesian.net favicon http://teodesian.net/posts/bfda6826-13f8-11ec-bdd7-fc1ea71e1450 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 – which will have a raised ECB logo to make it meet EU regulations for visually-impaired users. Although these will still bear the names and logos of the “originating banks”, these will be directly financed from the ECB on a pass-thru basis. Banks will be paid a minimal fee for “labelling” and originating the new ECB debit cards. ]]> doge http://teodesian.net/posts/bfda6826-13f8-11ec-bdd7-fc1ea71e1450 2016-04-01T09:53:08 http://teodesian.net/posts/1459504388 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 – which will have a raised ECB logo to make it meet EU regulations for visually-impaired users. Although these will still bear the names and logos of the “originating banks”, these will be directly financed from the ECB on a pass-thru basis. Banks will be paid a minimal fee for “labelling” and originating the new ECB debit cards. ]]> doge http://teodesian.net/posts/1459504388 2016-04-01T09:53:08