Loans to Credit Suisse are not “gifts”

“I would like to emphasize here that the cash we make available are loans, which are covered and give rise to the collection of interest. These are not gifts, ”hammered Thomas Jordan, during the press conference Thursday morning. While announcing the decision to raise interest rates by 50 basis points, the President of the Swiss National Bank (SNB) largely returned to the conditions of the rescue of Credit Suisse, in particular financial.

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