Mon, 23 Jun 2014 09:04:09 GMT
Draghi: Rates to remain low until 2016
President of the ECB Mario Draghi said on Monday that key interest rates in the Eurozone will remain very low at least until the end of year 2016. According to the ECB plan, the program of supporting banks' lending will last four year, therefore, rates in this time period should stay low. Recently, the ECB weakened its monetary policy even