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Europe Daily Bulletin No. 9005

5 August 2005
Contents Publication in full By article 12 / 22
GENERAL NEWS / (eu) eu/ecb
Euro zone interest rates remain unchanged

Brussels, 04/08/2005 (Agence Europe) - During the video-conference meeting held on 4 August, the ECB Governing Council decided that the minimum tendering rate applied to key refinancing operations would remain unchanged at 2%, like the marginal lending facility and the deposit facility, at 3% and 1% respectively. In the context of a fall in the euro's rate, the ECB considers the level of rates is sufficiently low and does not wish to refuel the rise in real-estate prices or the rise in...