ECB Financing to Portuguese Banks Rises to 46 Billion Euros

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The European Central Bank’s financing to Portuguese lenders rose for a second month in December, the Bank of Portugal said.

ECB financing increased to 46.0 billion euros ($58.7 billion) from 45.69 billion euros in November, the Lisbon-based central bank said today on its website. ECB financing levels peaked at 49.1 billion euros in August 2010.