The Independent

Saturday, November 21 2009

European

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Trichet warns banks on risk of addiction to cheap cash

Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the European Central Bank (ECB) warned at a Frankfurt banking conference yesterday.

Inside European


Columnist Comments

Charlie Weston

Charlie Weston

Fight back against high insurance premiums

THE insurance industry is trying to avoid the impact of the recession by ripping off its customers.

Brendan Keenan

Brendan Keenan

Five years ago, we had economic balance but all is not as it appears

THERE comes a point in life when one becomes convinced that they did things better in the old days. The arguments in favour of this proposition seem quite overwhelming but, since one heard one's parents and grandparents say the same thing, the best policy seems not to mention it -- or at least mention it as little as possible.