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...