Tag: Euro Interest rate

Is the Euro Area on its way to recovery?

As many had anticipated the ECB left the Euro interest rate unchanged at 0.75%. In the recent ECB monetary policy meeting Mario Draghi stated there are still challenges the EU will have to face but it may start to show…

ECB Cut Interest Rate to 1.00% – December 8

As expected the European Central Bank lower again its basic interest rate by 0.25 percent points from 1.25% to 1.00%. This announcement clearly shows a paradigm shift in ECB’s way of thinking as the ECB seems more concerned and involved…

ECB Cut Interest Rate to 1.25% – November 3

As expected the European Central Bank lower its basic interest rate by 0.25 percent points from 1.5% to 1.25%.  Mario Draghi, President of ECB, in his first rate decision press conference followed through with the expectations of the market and…

ECB Left Interest Rate Unchanged at 1.5% – October 6

Despite the high expectation that the European Central Bank will lower its basic interest rate, Jean-Claude Trichet, President of ECB, wasn’t pressured and decided to keep the interest rate unchanged at 1.5%; Jean-Claude Trichet, in his last ECB rate decision…