-2assistance, and other support. Organizations dedicated to providing workforce development are interested not just in helping people secure any jobs, but jobs that pay well, provide benefits, offer opportunities for advancement, and are less likely to be eliminated during economic downturns.
Euro area banks’ issuance of medium and longterm debt has increased and we have also seen a noticeable pick-up in repo market activity. All these changes have led to lower use of central bank liquidity. Hundreds of banks have made use of the option to repay the liquidity provided through the ECB’s three-year longerterm refinancing operations.