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Paceful Sunday People;
the governing council of the ECB has decided to cut the interest rate on the deposit facility by 10 basis points to -0.30%, president Mario Draghi (pictured) said during the press conference.The measure will take effect from 9 December 2015.The interest rate on the main refinancing operations and the interest rate on the marginal lending facility will instead remain unchanged at 0.05% and 0.30% respectively.As a further measure to boost inflation and encourage household an…
the governing council of the ECB has decided to cut the interest rate on the deposit facility by 10 basis points to -0.30%, president Mario Draghi (pictured) said during the press conference.The measure will take effect from 9 December 2015.The interest rate on the main refinancing operations and the interest rate on the marginal lending facility will instead remain unchanged at 0.05% and 0.30% respectively.As a further measure to boost inflation and encourage household an…