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197 new news items in the last 24 hours
6 June 14:00

The ECB cut its benchmark deposit rate by a quarter of a percentage point to 3.75%, ahead of other major central banks.

Delia Niculescu
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Current Affairs
foto:pixabay
The decision was taken as euro area inflation accelerated to 2.6% in May, above the ECB's 2% target. In contrast, the US Federal Reserve is expected to keep interest rates at a 23-year high and the Bank of England is not expected to cut interest rates immediately from a 16-year high.

Sources

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Profit.ro
BCE a redus dobânda de referință pentru prima dată în ultimii cinci ani, la 3,75%
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Gandul
BCE reduce dobânda de referință în ZONA EURO, dar intenționează să mențină o politică monetară "strictă"
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Ziarul Financiar
BREAKING: Banca Centrală Europeană reduce dobânda pentru prima oară în ultimii cinci ani
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BBC
European Central Bank cuts interest rate to 3.75%
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Capital
BCE a anunțat reducerea dobânzii de referință în zona euro cu 0,25%

ȘTIRI PE ACELEAȘI SUBIECTE

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International
The European Central Bank has decided to keep the reference interest rate at 2%, without providing hints about future decisions, in the context of low inflation.
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International
ECB officials convey that the monetary easing cycle has ended, in the context of a vulnerable European economy.
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Economy
The BNR announces a decrease in the three-month ROBOR index to 6.34% per year, and to 6.48% for six months.
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International
Antonio Tajani, the Deputy Prime Minister of Italy, has asked the ECB to lower interest rates and to resume asset purchases to support the economy and Italian exporters.
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Economy
The chief economist of the ECB, Philip Lane, warns that stopping funding in dollars could affect the lending of banks in the euro area.
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Economy
European stock markets ended the week in decline, affected by fears regarding credit quality and bank stability, following massive sales of stocks in the USA.
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Informat Moldova

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Republic of Moldova
Yesterday 17:53

Moldova, Albania, Ukraine, and Montenegro are advancing in the EU accession process.

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Republic of Moldova
Yesterday 18:45

The Republic of Moldova has been positively evaluated by the European Commission, which recommends the opening of accession negotiations and the acceleration of reforms.

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