|Key figures at a glance|
|Marginal lending facility||0.30 %|
|Main refinancing operations (fixed rate)||0.05 %|
|Deposit facility||− 0.20 %|
|Effective from 10 September 2014|
|Why has the ECB introduced a negative interest rate?|
Vítor Constâncio, Vice-President of the ECB, presents the ECB Annual Report 2014 to the European Parliament and answers questions from its Members.
The Annual Report describes the activities of the European System of Central Banks and reports on the Eurosystem's monetary policy of the previous year. It is available in 22 EU languages.