Despite the low expectations for any change in policy, the ECB has surprised the markets as it has cut down the interest rate by 0.25 percentage point to 0.25% – its lowest level in history. From the other side of…
ECB President Mario Draghi left the ECB cash rate flat at 0.75% and the deposit rates at 0%. In the press conference that followed the announcement Mario Draghi kept this usual stands about the projections of Euro Area. He stated…
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…
As many had expected the European Central Bank lowered the basic interest rate at 0.75%; the last time ECB had cut the rate was back in December by 0.25 percent points President of ECB, Mario Draghi also referred in the…
As many had anticipated the European Central Bank kept again the basic interest rate at 1.00% for the third consecutive month; the last time ECB had cut the rate was back in December by 0.25 percent points. In the press…
Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. Â In…
 As expected the European Central Bank kept the basic interest rate at 1.00% after ECB had cut the rate in twice in the past couple of months. President of ECB, Mario Draghi continues to call for structural reforms in EU…
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…
As expected the European Central Bank lower its basic interest rate by 0.25 percent points from 1.5% to 1.25%. Â Mario Draghi, President of ECB, in his first rate decision press conference followed through with the expectations of the market and…
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…