Extracts from the press conference by Mario Draghi, President of the ECB, following the ECB Governing Council meeting
On 2 May 2013, Mario Draghi, President of the ECB, gave a press conference following the ECB Governing Council meeting.
The Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 0.50%, starting from the operation to be settled on 8 May 2013; The interest rate on the marginal lending facility will be decreased by 50 basis points to 1.00%, with effect from 8 May 2013; The interest rate on the deposit facility will remain unchanged at 0.00%. SHOTLISTLINK
Type: Summary of press conference Reference: I-077847 Date: 02/05/2013 Duration: 04:06 Personalities:Draghi, Mario Location:Bratislava Languages:ORIGINAL