Financial Times FT.com

ECB moves to revive market

By Ralph Atkins in Frankfurt

Published: October 13 2008 10:03 | Last updated: October 14 2008 07:21

The European Central Bank was studying fresh ways to boost its already extensive efforts to revive financial markets on Monday after it joined other monetary authorities in promising unlimited injections of dollar funding into the continent’s banking sector.

Jean-Claude Trichet, the ECB president, left Sunday’s meeting of eurozone leaders in Paris having pledged to examine “immediately” the ECB’s “system of guarantees”.

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