...LTROs Targeted Lending Stability: The European Central Bank (ECB) launched two three- year long-term refinancing operations (LTROs) in December 2011 and February 2012 with the aim to "support the ability of banks to maintain and expand lending to euro area households and non-financial corporations", and "ensure that banks continued to have access to funding with longer maturities to limit the impact on euro area banks of the difficult conditions in funding markets...