Teller Report

ECB keeps base rate at zero level

3/11/2021, 1:13:30 PM

The Board of Governors of the European Central Bank (ECB) has kept the base interest rate at zero, the regulator said in a press release.


As noted, the rate on deposits was also kept at the level of minus 0.5%, while the margin rate remained at the level of 0.25%.

Earlier, the Executive Vice President of the European Commission Valdis Dombrovskis said that the EU economy should resume its growth this spring.