Bini Smaghi Interview

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July 9 (Bloomberg) -- European Central Bank Executive Board member Lorenzo Bini Smaghi talks about money-market rates and the outlook for the euro-zone economy. Market borrowing costs are rising after banks tapped the ECB for less funds than expected before paying back a record 442 billion-euro ($559 billion) ECB loan on July 1, reducing excess liquidity in the system. (Source: Bloomberg)

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