ECB's Holzmann Revives Proposals for Dramatic Hike in Minimum Reserves

The European Central Bank (ECB) is once again confronting the possibility of radically increasing the minimum reserves that banks must hold, a move repositioned by ECB executive board member Robert Holzmann. In a recent statement, Holzmann suggested that the proposed tenfold increase in these reserves could play a pivotal role in stabilizing the financial system amidst ongoing economic uncertainties.

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