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Business & Finance

ECB keeps main interest rate unchanged at 1.25pc

FRANKFURT : The European Central Bank kept its key interest rate at 1.25 percent, a spokesman said Thursday as markets
Published Updated

ecbFRANKFURT: The European Central Bank kept its key interest rate at 1.25 percent, a spokesman said Thursday as markets waited to see if the ECB would tone down differences with Germany over aid for Greece.

The bank also kept two other benchmark rates, the marginal lending rate and the deposit rate, unchanged at 2.00 percent and 0.50 percent.

 

Copyright AFP (Agence France-Presse), 2011

 

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