ECB keeps interest rates at 0.05% in June – Portafolio.co

The European Central Bank (ECB) dej & oacute; rates unchanged inter & eacute; s in the euro area in the m & iacute; Historic & oacute minimum; richest 0.05%, to boost inflation & oacute;. ny growth

The ECB inform & oacute; that the governing council, meeting in the headquarters of the organization in Fr & aacute; ncfort, also & eacute; n decided & oacute; maintain the rate of inter & eacute; s of the marginal cr & eacute; dito, which lends money to a d & iacute; a., at 0.30%

Also, the company maintained the facility dep & oacute ;. site, which pays the money to the banks, in the -0.20%, which penalizes those who deposit cash at the ECB

The ECB President Mario Draghi, explain & aacute ; the deliberations of the Governing Council in addition & aacute; s present & aacute; the new projections macro- & oacute; mica entity, growth and inflation & oacute; n

The ECB staff previ & oacute.; in March the euro area to grow & aacute; east YEAR. or 1.5%, in 2016 1.9% and in 2017 2.1%

Also ECB inflation forecast in March 1 & oacute; n 0% for this a CHILD. or 1.5% in 2016 and 1.8% in 2017

The inflation & oacute; n in the euro area and climbed & oacute; on May 3 d & eacute; peaks to 0.3% year over April

The experts of the Italian bank UniCredit rule out significant changes from the pron & oacute;.. appliances

Markets expect Draghi offers m & aacute; s details on the procedure of debt purchases p STILL Republic after & eacute; s that the member franc & eacute; s of the committee & eacute; executive, Beno & ICIRC; t Coeur & eacute ;, said in London that the entity will overtake May and June purchases of summer, a period characterized by the lack of liquidity in the market debt

In July and August. significantly reducing both emissions and secondary market activity and thus ensure that the ECB wants to buy & aacute; monthly bonus p STILL public and private worth 60,000 million euros, as announced & oacute; initially. Draghi & aacute is referring; also & eacute; n expected in the press conference the situation & oacute; n. Greece

The ECB has increased by 500 million to 80,700 million the amount of liquidity to Greek banks can borrow to trav & eacute ; s Bank of Greece by the so-called program provisi & oacute;. urgent n liquidity

The ECB decides now weekly the amount that Greek banks can borrow from the Bank of Greece, nor will higher value cuts apply to guarantees RIVER as the Hellenes banks have to receive financing & oacute; n. President of the Commission & oacute; n European, Jean-Claude Juncker, will meet & aacute; today with Greek Prime Minister Alexis Tsipras, in Brussels to try to reach an agreement on the reforms that apply & aacute; . Greece and allow aid unlock pa & iacute; s

EFE

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The European Central Bank (ECB) left interest rates unchanged in the euro area at a record low of 0.05% to boost inflation and growth.

The ECB reported that the governing council, meeting in the headquarters of the organization in Frankfurt, also it decided to keep the interest rate on the marginal lending facility, which lends money to one day, at 0.30%.

Also the entity kept the deposit facility, which pays the money to the banks, in the -0.20%, which penalizes those who deposit cash at the ECB.

The ECB President Mario Draghi will explain the deliberations of the governing council will also present the new macroeconomic forecasts of the organization, growth and inflation.

The ECB staff predicted in March that the euro zone will grow by 1.5% this year, 1.9% in 2016 and 2.1% in 2017.

ECB also predicted in March inflation at 0% this year, 1.5% in 2016 and 1.8% in 2017.

Inflation in the euro area rose in May and three tenths to 0.3% year over April.

The Italian bank UniCredit experts dismiss significant changes regarding forecasts.

Markets expect Draghi provide more details on the procedure of purchases of government bonds after the French member of the executive committee, Benoît Coeuré, said in London that the entity will overtake May June purchases of summer, a period characterized by a lack of liquidity in the debt market.

In July and August are significantly reduced both emissions and secondary market activity and this Thus the ECB wants to ensure that monthly purchase public and private bonds worth 60,000 million euros, as initially announced. Draghi will refer also expected at the press conference to the Greek situation.

The ECB has increased by 500 million to 80,700 million the amount of liquidity that Greek banks may borrow through the Bank of Greece by the so-called program of emergency liquidity assistance.

The ECB decides now weekly the amount that Greek banks can borrow from the Bank Greece is not going to apply cuts to higher value guarantees the Hellenes banks have to receive funding. The President of the European Commission, Jean-Claude Juncker, will meet today with Greek Prime Minister Alexis Tsipras, in Brussels to try to reach an agreement on the reforms implemented to allow Greece and unlock aid to the country.

EFE