ECB: start of the second Tiltro, banks lined up to rates (even) negative

Ads by Mario Draghi, who has coaxed the bankers with borrowed money supply not only at no cost, but even negative interest, the ECB moves to implementation of the plan: the European central bank is ready to pay European finance institutions to lend them money, provided that end up channeled to the real economy.
The new Tiltro plan provides that the interest rate will depend on the behavior of the bank and the use we make of that money. If it acts as always, he will not pay interest; but if the bank increase its lending by at least 2.5%, it will be the ECB to pay the bank, up to 0.4%.

According to Bloomberg estimates, the average of respondents economists indicates a net withdrawal (ie net of redemptions and refinancing) of 50 billion euro. The previous plan of the ECB, when the interest rate was above zero, saw banks make requests for over 400 billion.