Tag: Euro Interest rate

ECB kept interest rate at 1.5% – September 8

As expected the European Central Bank decided to keep the interest rate unchanged at 1.5%; Jean-Claude Trichet, president of ECB, addressed the current risks in the Euro Area including the bank’s new predictions of the GDP growth in Euro Area…

ECB kept interest rate at 1.5% – August 4

As expected the European Central Bank decided to keep the interest rate at the same level of 1.5%; this rate decision didn’t seem to surprise the market and concerns over the debt in Europe continues to be one of the…

Speculations around ECB’s meeting tomorrow

The speculations around the European Central Bank meeting tomorrow rises: the ECB will need to deicide tomorrow to raise or not its Interest rate which is currently at 1%. The rate remained at this level since June 2009. These speculations…