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Europe Daily Bulletin No. 9077

29 November 2005
Contents Publication in full By article 12 / 39
GENERAL NEWS / (eu) eu/ecb
Juncker says increasingly likely increase in rates is not necessary

Brussels, 28/11/2005 (Agence Europe) - After two and a half years of stability in euro zone rates, the European Central Bank (ECB) is to take a decision this week to increase its principal reference rate. The Council of Governors, which is due to meet next Thursday, is expected to announce an increase of a quarter of a percentage point for the refinancing rate, which had been maintained at 2% since 5 June 2003. The ECB has been gradually preparing to tighten up its monetary policy since its...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT