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Eurozone: Further Capital Injections at Banks Expected
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Published: January 9, 2014; 14:19 ♦ (Vindobona)
The Council of the European Central Bank (ECB) is holding a summit today. The low inflation rate in the Eurozone is still a dilemma for the monetary authorities.
Eurozone: Further Capital Injections at Banks Expected / Picture: © Vindobona.org
Moreover, economic growth is lagging behind expectations. However, experts do not anticipate further monetary easening by the central bank but expect the key rate to remain at a record low of 0.25 percent particularly since President of the ECB Mario Draghi has recently stressed that at the moment there was no immediate need for action.
In the fight against the weak economic…
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