Extracts from the press conference by Mario DRAGHI, President of the ECB, following the ECB Governing Council
On 7 November 2013, Mario Draghi, President of the European Central Bank (ECB), gave a press conference following the ECB Governing Council.
The ECB Governing Council took the following monetary policy: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 0.25%, starting from the operation to be settled on 13 November 2013; The interest rate on the marginal lending facility will be decreased by 25 basis points to 0.75%, with effect from 13 November 2013; The interest rate on the deposit facility will remain unchanged at 0.00%. SHOTLISTLINK
Type: Summary of press conference Reference: I-083175 Date: 07/11/2013 Duration: 03:38 Personalities:Constâncio, Vítor | Draghi, Mario Location:Frankfurt-on-Main - European Central Bank Languages:ORIGINAL,