ECB leaves interest rates unchanged at 4.25%

The European Central Bank has left interest rates unchanged at 4.25%.

The decision, which was generally expected, came today despite rising pressure from the global financial crisis and weakening economic growth.

ECB President Jean-Claude Trichet said inflation risks in the Euro-zone had diminished.

He was speaking at a press conference in Frankfurt earlier today.


More in this Section

UK quarantine plan ‘one shambles after another’, says Ryanair bossUK quarantine plan ‘one shambles after another’, says Ryanair boss

Ibec: Tax revenues may pave way for extension of wage-support schemeIbec: Tax revenues may pave way for extension of wage-support scheme

Mortgage approvals fall more than 40% in AprilMortgage approvals fall more than 40% in April

Providence Resources pays off ex-CEO Tony O'Reilly Jr with €450k exit dealProvidence Resources pays off ex-CEO Tony O'Reilly Jr with €450k exit deal


Lifestyle

Kim Sheehan is an opera singer from Crosshaven, Co Cork, and is this year’s recipient of the Jane Anne Rothwell Award from Cork Midsummer Festival.A Question of Taste: Cork opera singer, Kim Sheehan

Developed in Ireland by Dublin-based indie gaming house Dreamfeel, If Found follows university graduate Kasio as she returns to Achill, Co Mayo, from the big city.'If Found': a story of belonging from the Irish videogame scene

B-Side the Leeside: Cork's Greatest Records - Giordaí Ua Laoghaire tells Don O’Mahony about the offbeat outfit who created some of the most innovative music on the Irish scene in the 1990sB-Side the Leeside: Nine Wassies from Bainne - A quirky slice of creativity

More time indoors is a chance to consider how we buy for our homes without being slaves to fleeting trends, writes Carol O’CallaghanMore time at home offers a chance to consider how we buy for our interiors

More From The Irish Examiner