以下是高顿网校小编为ACCA学员整理的：P4高级财务管理，供大家参考。
 
　　EUROPEAN CENTRAL BANK (ECB)
　　As already mentioned the key problem is one of liquidity and hence the ECB has taken action in conjunction with the other leading central banks of the world in order to try and ensure that both governments and major banks have sufficient liquidity.
　　Specifically the ECB has bought both government and private debt securities in the open market, as by so doing it provides liquidity or cash to the government or organisation selling the debt securities.
　　As the crisis has progressed the ECB has accepted Greek Government bonds of any status as collateral for lending. These purchases are obviously politically motivated and not normal commercial transactions. As such they have effectively reduced the independence of the ECB and unhappiness with this has prompted some high level resignations.
 
　　高顿网校小编寄语：没有所谓失败，除非你不再尝试。

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