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Next questions concern recent reports on........>

ECB
ECB: Next questions concern recent reports on mini-BOTs in Italy, to which
Draghi says they would either be defined as money and therefore illegal, or debt
instruments and therefore add to stock of debt. On a possible rate cut, Draghi
states the discussion was on whether a prolonged period of negative rates
affected lending. Within the aggregate, the answer was there is no effect.

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