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Nowotny Against ECB’s Key Rate Cut

Published: November 11, 2013; 14:55 · (Vindobona)

The governor of the Austrian National Bank has, according to reports, voted against the ECB’s most recent interventions.

Nowotny Against ECB’s Key Rate Cut / Picture: © Agenda Austria 2020

Ewald Nowotny, Governor of the Austrian National Bank (OeNB), has voted against the cut in interest rate by the European Central Bank (ECB) last week. This was reported by the Financial Times with reference to persons entrusted with this issue.

According to reports, in the ECB’s council of 23 persons, a group of six people led by two German council members, among them president…

This article includes a total of 235 words.

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