Wednesday, June 3, 2015

Leading interest rate in Europe unchanged – Azteca News

Berlin Alemania.-La rate interest leader in the countries of the euro lower, 0.05 percent today remained unchanged to its historical level, and the Central Bank European (ECB) will continue its strategy of having open key funding for banks.

That was the outcome of the meeting held this Wednesday in Frankfurt the ECB Governing Council, whose president, Mario Draghi, said after a news conference there will be a slight rise in inflation in 2015 the countries of the single currency. The initial forecast for this year was zero inflation, but according to new projections released by Draghi this day, will be 0.3 percent.

The other big issue that focused attention on the press conference Draghi offered in its offices in Frankfurt was Greece, which again is on the verge of state bankruptcy. Wednesday is negotiated feverishly in Brussels with Greece to reach an agreement.

Draghi said there is a determination that there will be a “strong Greece” agreement, in the sense that will be solid and durable. “We need a credible position to successfully conclude the review (of the Greek economy) being carried out perspective.”

As for the ECB’s strategy, the objective of the monetary policy of very low interest rates and banks buy bonds and domestic debt issues by thousands billion (1.4 billion euros) until September 2016, is precisely to provide impetus to the economy of the countries of the single currency and avoid falling into deflation.

LikeTweet

No comments:

Post a Comment