Your English writing platform
Discover LudwigExact(3)
EIB president Philippe Maystadt said: "Infrastructure finance in Europe has suffered since the financial crisis and banks face new constraints on long term lending.
Short term funding for long term lending should be abolished.
Here, instead of it being the process whereby fractional reserve banking converts short term deposits into long term lending, the transformation is in the sequence of events.
Similar(57)
The take-up of the first long-term lending operation, in September, was disappointingly low.
The development bank is instrumental in providing long-term lending and in guiding privatizations.
The sanctions prohibit long-term lending to the company and some others.
The Federal Reserve is well into its third round of "quantitative easing," in which it buys longer-term assets to bring down long-term lending rates.
In contrast, private commercial banks get, on average, just 1%.Ideally, commercial banks need to get into the business of long-term lending to companies.
focus more on making short-term loans to countries that have financial crises and less on long-term lending and development assistance.
A congressional commission just last week issued a scathing critique of the fund and recommended that it cease all its long-term lending programs.
The practice of short-term borrowing and long-term lending contributed to the near-collapse of the world financial system in late 2008 when short-term financing dried up.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com