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Image header Agence Europe
Europe Daily Bulletin No. 8942
Contents Publication in full By article 11 / 45
GENERAL NEWS / (eu) eu/ecb

ECB decides to leave rates unchanged

Brussels, 04/05/2005 (Agence Europe) - At the meeting which took place in Berlin on Wednesday, the Council of Governors of the European Central Bank (ECB) decided not to change the level of rates for the euro zone. The decision was anticipated and due to the poor economic growth perspectives and low inflation. The rates therefore remain at 2% for principle refinancing operations, 3% for the marginal loan facility and at 1% for the deposit facility. “We continue to note that there is no...

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