European Central Bank will keep interest rates unchanged

8 Apr 2020 03:22 PM

The interest rate will remain unchanged for a longer period according to a spokesperson from the European Central Bank.  Additional statements made by Villeroy include:

“Europe has made significant progress in its response to the virus crisis.”

“There was notable progress in the Brussels talks.” 

“It seems that they could not agree on the final scope of the text as well as on one of the mechanisms on the possibility of further action.”

“We can do more.” 

“The Central Bank has taken all necessary measures.”


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