*ECB SAID TO CONSIDER TWO-YEAR LOANS FOR BANKS
*ECB SAID TO LOOK AT ALLOWING MORE UNCOVERED BONDS AS COLLATERAL
*ECB SAID TO PLAN LOOSENING

Meanwhile the ECB continues to look at liquidity enhancement to try to get a private sector credit expansion
going.

Good luck to them. It’s not about liquidity. It’s about private sector lending being pro cyclical.