ECB cannot be lender of last resort:
The ECB cannot be the lender of last resort for troubled euro zone states, one of its top policymakers said on Thursday, underscoring the bank's continued resistance to fierce pressure for it to take a more active role in calming the debt crisis.
The Frankfurt-based ECB has left its ``minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility'' unchanged at 4.25 percent, 5.25 percent and 3.25 percent respectively, according to an ECB statement Thursday.