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Image header Agence Europe
Europe Daily Bulletin No. 13456
Contents Publication in full By article 6 / 19
ECONOMY - FINANCE - BUSINESS / Ecb

Governing Council keeps rates unchanged and sets course for September

At the end of its monetary policy meeting in Frankfurt on Thursday 18 July, the Governing Council of the European Central Bank (ECB) cautiously decided to keep its three key rates unchanged since the first 25 basis points reduction in June (see EUROPE B13425A1).

The interest rate on the main refinancing operations therefore remains at 4.25%, the interest rates on the marginal lending facility at 4.50% and the deposit facility at 3.75%.

According to ECB President Christine Lagarde, this...

Contents

EUROPEAN PARLIAMENT PLENARY
EUROPEAN COMMISSION : Ursula von der Leyen re-elected as head of EU institution thanks to support of a pro-European four-party majority in European Parliament
EUROPEAN COMMISSION : overview of political groups’ positions on re-election of Ursula von der Leyen as head of EU institution
INSTITUTIONAL
FUTURE OF EUROPE : Keir Starmer wants to “redefine” UK’s relationship with EU
UKRAINE: “Our first task here today is to confirm our steadfast support for Ukraine”, says UK Prime Minister Keir Starmer
HU24EU: Viktor Orbán proposes reopening direct lines of diplomatic communication with Russia
ECONOMY - FINANCE - BUSINESS
ECB: Governing Council keeps rates unchanged and sets course for September
TAXATION: intellectual property regimes vary widely within EU, according to Tax Foundation
SECTORAL POLICIES
AGRICULTURE : EU Agri-food Chain Observatory starts its work
RESEARCH: Europe at forefront of innovation in water-related technologies, according to EPO
EXTERNAL ACTION
MIDDLE EAST: Josep Borrell regrets Knesset vote rejecting Palestinian state
TRADE: Minerals Security Partnership Forum welcomes eight new members
TRADE: clear determination to maintain global competition rules at G7 Trade meeting
NEWS BRIEFS
CAUCASUS: Magdalena Grono to become new Special Representative for South Caucasus and Georgia
ENVIRONMENT/FINANCE: WWF calls on financial institutions to include deforestation-related risks in their choices
NATO: Patrick Turner appointed Senior Alliance Representative in Ukraine
EUROPEAN PARLIAMENT: EPP Group in European Parliament elects its coordinators for parliamentary committees
SERBIA: Josep Borrell insists on need to align with EU foreign policy
SPORT: European Education and Culture Executive Agency launches call for projects to improve well-being of displaced young people through sport
TRANSPORT: EASA publishes environmental protection technical specifications for air taxis