Reuters: Regulatory News: Draghi says confidence, not ECB, makes banks lend

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Draghi says confidence, not ECB, makes banks lend May 31st 2012, 08:09 BRUSSELS | Thu May 31, 2012 4:09am EDT BRUSSELS May 31 (Reuters) - Market confidence and not European Central Bank support is the key to persuading banks to boost their lending activities, ECB President Mario Draghi said on Thursday. When bank recapitalisation problems emerge, governments should err towards doing too much rather than too little in response, Draghi told the European Parliament.

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