ECB's Draghi concerned at banks' heavy use of secured funding

BRUSSELS (Reuters) - The European Central Bank is concerned at a shift in bank financing that has left the region's lenders increasing reliant on secured funding, ECB President Mario Draghi said on Thursday.

The press conferences following the European Central Bank's monthly monetary policy decisions have been pretty uneventful as of late. On every first or second Thursday of the month, ECB President Mario Draghi is happy to remind reporters at the ECB press conference just how in control of European sovereign debt markets the central bank is.

The press conferences following the European Central Bank’s monthly monetary policy decisions have been pretty uneventful as of late. On every first or second Thursday of the month, ECB President Mario Draghi is happy to remind reporters at the ECB press conference just how in control of European sovereign debt markets the central bank is.

Discord Emerges It's not just Germany expressing reservations about the ECB's plan to "Save the Euro". Spain, Italy, and Germany all have concerns about the plan launched last week by ECB president Mario Draghi.

Following a relatively tiny two-day rally in the Euro the ECB blows its horn with a statement Credit Crunch AvertedThe euro rose, extending its first weekly gain versus the dollar in six weeks, as Italian bonds advanced and after European Central Bank President Mario Draghi said policy makers have averted a credit shortage.

By David Alton Clark:In a report by the Wall Street Journal, European Central Bank (ECB) President Mario Draghi won't be present at the annual conference of central bankers in the Wyoming resort town of Jackson Hole, the ECB said Tuesday.

Get ready for record low interest rates in Europe as ECB ready to push boundaries of crisis role A Reuters survey of 73 analysts showed a 60-percent chance the ECB will cut rates by 25 basis points to a record low of 1.0 percent -- a floor it previously reached during the financial crisis in 2009. It cut rates by a similar amount in November.