News Headline Summary

ECB's Constancio says there was no losses involved in the ECB collateral rules miscalculation in Spain

- Spanish banks collateral issue is completely settled, closed and overcome.
- Can't pass on bond profits to Greek government.

Update details:

- These comments come after weekend reports in Germany that the ECB miscalculated collateral rules for the Spanish banks.

Print 22:35, 05 Nov 2012 - Asian News - Source: Newswires