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Europe Daily Bulletin No. 11445

4 December 2015
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Frankfurt-based institution relaxes its monetary policy further

Brussels, 03/12/2015 (Agence Europe) - On Thursday 3 December, the ECB decided to reduce the interest rate on the deposit facility from -0.2% to -0.3% (with effect from 9 December) and to extend until at least March 2017 its programme for the buyback of public and private securities ('quantitative easing' or 'QE').

“These decisions are not unanimous”, but they have a “very large majority”, said the President of the ECB, Mario Draghi, after the meeting of the Governing Council. He...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
INSTITUTIONAL
NEWS BRIEFS