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Image header Agence Europe
Europe Daily Bulletin No. 13594
Contents Publication in full By article 16 / 26
ECONOMY - FINANCE - BUSINESS / Ecb

European Central Bank cuts its key interest rates

On Thursday 6 March, the Governing Council of the European Central Bank (ECB) cut its three key interest rates by 25 basis points. The deposit facility rate, the benchmark interest rate and the marginal lending rate will be cut to 2.50, 2.65 and 2.90% respectively, with effect from Wednesday 12 March.

“The decision is based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission”, explained ECB...

Contents

EUROPEAN COUNCIL
DEFENCE: European Council pledges to accelerate defence financing
UKRAINE: EU shows unity among “twenty-six” - without Hungary - in its support for Kyiv
SECURITY - DEFENCE - SPACE
DEFENCE: according to Andrius Kubilius, ‘ReArm Europe’ is major step forward
SECTORAL POLICIES
ENERGY: Baltic States call for remaining aspects of synchronisation project to be implemented “for completion of our Energy Union”
ENERGY: WMO, IRENA and Copernicus stress importance of understanding climate factors to strengthen energy resilience
HOUSING: European Commission and EIB lay foundations for future pan-European investment platform for affordable housing
RESEARCH: MEPs want to change legislative framework to stimulate development of biotechnology and biomanufacturing
ANIMAL HEALTH: draft report to European Parliament on animal transport paves way for numerous amendments
INSTITUTIONAL
BUDGET: MEPs review European Parliament’s expenditure and revenue priorities for 2026
COURT OF JUSTICE OF THE EU
JUSTICE: EU Court of Justice rules withdrawal of cases from a judge must be “justified” and based on “objective and precise criteria”
DEMOCRACY: CJEU imposes financial penalties on five Member States for failing to transpose “Whistleblower Directive”
COUNCIL OF EUROPE
ROMANIA: European Court of Human Rights definitively rejects Călin Georgescu’s appeal
MIGRATION: European Court of Human Rights condemns Belgium for failing to supervise bone tests carried out on a migrant woman claiming to be a minor
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
WOMEN’S RIGHTS: in European Parliament Committee, an interparliamentary meeting to strengthen role of women in peace, security and defence processes
SOCIAL AFFAIRS
EMPLOYMENT: Union of Skills—new European strategy well received by European Parliament and organisations
ECONOMY - FINANCE - BUSINESS
ECB: European Central Bank cuts its key interest rates
NEWS BRIEFS
BOSNIA AND HERZEGOVINA: EU expresses its concern at recent attacks on territorial and legal integrity of Bosnia
BUDGET: Emmanuel Macron relaunches the idea of a digital services tax in the form of a European own resource
CLIMATE: according to Copernicus, February 2025 is 19th month out of last 20 in which global temperatures have exceeded 1.5°C threshold
ENERGY: share of renewable energies in heating and cooling reaches 26.2% in EU
ENERGY: ACER consults on peak-shaving products to reduce electricity consumption
SPACE: successful first commercial flight of Ariane 6
JUSTICE: MEPs support closer cooperation between Eurojust and Bosnia-Herzegovina
MOLDOVA: MEPs approve European Parliament/EU Council agreement on new macro-financial assistance to Chișinău
UKRAINE: European Commission and EIB sign €2 billion reconstruction guarantee
CORRIGENDUM
SOCIAL: compromise put forward by Polish Presidency of EU Council - false traineeships in education sector remain excluded from new scope