Sentence examples for its collateral policy from inspiring English sources

Trichet's statements marked a reversal for the ECB, which said in January that it wouldn't soften its collateral policy for the sake of a single country.

ECB President, Jean-Claude Trichet reversed his position; he began the year by saying the ECB would not change its "collateral policy for the sake of any particular country". Well, he's smart enough to know that Greece is being undercut, bet against, manipulated - smart enough to know when reversal of his initial position is mandatory.

Defenders of the bank argue that its liberal collateral policy amounts to a form of quantitative easing, because it allows institutions to convert devalued paper into cash that can be lent to customers.

The ECB could insist that collateral is backed by income streams in euros, which would curb banks from using its funds to finance loans made outside the euro area.Yves Mersch, head of Luxembourg's central bank and a member of the ECB's governing council, said at the weekend that any adjustments to the bank's collateral policy would amount to fine-tuning.

"The worst of the policy choices include the nationalisation of farmland, which destroyed its collateral value, and the indigenisation policy, through which government demands the surrender of 51 per cent of the shares in every business owned by a non-indigenous person or company".

"The major central banks should put in place a standing network of currency swaps, collateral policies and account arrangements that would make it easier to mobilize liquidity across borders quickly in crisis," he said.

But it can be contained and managed through policies that compensate workers for its collateral damage and costs.

The central bank has already loosened its collateral requirements to help Greece, despite Mr. Trichet's insistence that the bank would not tailor policy to specific countries.

A comprehensive picture of the sanctions policy requires an analysis of its success in achieving its strategic goals and outlining its collateral effect on Iranian civilians.

But no C.D.O. can be better than its collateral.

Yet every war has its collateral damage.