ECB Says Euro Zone on Firmer Footing

The euro zone’s financial system is on much firmer footing than it was following the intensification of the sovereign debt crisis over two years ago, although risks remain from uncertainties over U.S. monetary policy, the European Central Bank said Wednesday in its twice-yearly report on financial stability.
At a news conference presenting the report’s findings, ECB Vice President Vitor Constancio played down hopes that the central bank may adopt negative interest rates on bank deposits parked at the ECB as a means of…

Go here to see the original: ECB Says Euro Zone on Firmer Footing