InterviewWhat’s weighing on the euro area recovery?
Executive Board member Peter Praet discusses with Bloomberg the factors that are holding down the euro area recovery, from geopolitical issues to the debt legacy, to bad loans on banks’ balance sheets. He also adds that the European institutional framework is not yet complete.Interview
SpeechWe need new ideas to make the global economy stronger
At the University of California Berkeley, Executive Board member Benoît Cœuré calls for a new narrative about the sources of growth in the global economy, freely floating exchange rates and international financial integration, and discusses the consequences for central banks.Speech
|Marginal lending facility||0.30 %|
|Main refinancing operations (fixed rate)||0.05 %|
|Deposit facility||− 0.20 %|