Sponsored Content
Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“
Politics ♦
Published: May 2, 2013; 17:16 ♦ (Vindobona)
President of the Austrian Chamber of Commerce Christoph Leitl welcomed the cut of the main refinancing rate to 0.5 percent.
Leitl: „Cut of Base Rate by ECB Important and Necessary Signal“ / Picture: © Wirtschaftsbund / Christoph Leitl
Today, the European Central Bank cut the base rate by a quarter percentage point to a historical low of 0.5 percent. President of the Austrian Chamber of Commerce Leitl regards it as a right step in monetary-policy which “supports trust, helps exporters and investors and the stagnant economy by providing an urgently required economic impulse”.
Furthermore, the ECB under…
or Log In
Fast News Search