The European Central Bank (ECB) announced its decision to keep interest rates unchanged at their current low levels. The bank’s governing council decided to keep the main refinancing rate at 0%, the marginal lending rate at 0.25%, and the deposit rate at -0.50%. The decision comes as the eurozone continues to grapple with the economic fallout of the ongoing COVID-19 pandemic. Despite the current economic challenges, the ECB stated that it remains committed to supporting the eurozone economy and ensuring price stability.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
