SpeechA comprehensive package of measures
The Governing Council was confronted with a more extended slowdown of the euro area economy than previously anticipated, says Executive Board member Philip R. Lane. A comprehensive package of measures was judged to be the most effective way to support the convergence of inflation to our aim.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.50 %|