On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1450 AM Holland, MI

Weather

Current Conditions(Holland,MI 49422)

More Weather »
69° Feels Like: 69°
Wind: NNW 7 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 56°

Tomorrow

PM Thunderstorms 73°

Wed Night

Clear 55°

Alerts

PIMCO's El-Erian says ECB stabilizing banks

NEW YORK (Reuters) - PIMCO's Mohamed El-Erian said on CNBC on Monday that the European Central Bank is stabilizing banks by providing liquidity in its three-year refinancing operation.

El-Erian, CEO of giant bond fund PIMCO, also said that Greece debt talks will reach agreement "at the level of negotiators," but that "execution risk is very high."

(Reporting by Sam Forgione; Editing by Chizu Nomiyama)

Comments