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Europe Daily Bulletin No. 9382

9 March 2007
Contents Publication in full By article 13 / 33
GENERAL NEWS / (eu) eu/ecb
Rising rates reach “moderate” level

Brussels, 08/03/2007 (Agence Europe) - It came as no surprise when the European Central Bank (ECB) decided, on Thursday, to raise interest rates in the eurozone by 25 base points, taking the minimum tender rate applied to refinancing operations to 3.75%, the rate of interest for the marginal lending rate to 4.75% and that of the deposit facility to 2.75%. These operations will take effect on 14 March 2007. This is the seventh time that the ECB has raised interest rates since December 2005...

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