ECB to put non-conventional measures on table to regain growth

ECB to put non-conventional measures on table to regain growth

The ECB’s key interest rate remains at zero and is expected to remain at that level at least until summer 2020. However, ECB president Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports. “We expect the key interest rate to remain at current or lower levels at least until mid-2020,” Draghi said after Thursday’s Governing Council’s meeting on monetary policy (25 July). Draghi announced that the rate would, in any case, be kept at these…

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