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Tag Archives: low interest rates

Interest rates to remain at very low level, says Bank of Greece study

Interest rates will remain low level for a long time and central banks could continue using quantative easing (QE) tools in the future, a study “Monetary policy in a low interest rate world” by the Bank of Greece mentioned on Thursday. The report was presented by Dimitris Malliaropoulos, director of …

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ECB Draghi keeps key interest rates at historic ultra-low level

European Central Bank president Mario Draghi keeps interest rates at historic low.The low interest rate cause a blow to million of deposits of ordinary people who trust their live savings to the banks. In a statement issued on Thursday, the ECB said: At today’s meeting the Governing Council of the …

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Draghi’s awkward memory moment: Not the role of ECB to use its monetary policy to force governments to reform

It is a working psychological survival strategy: one creates a bubble, gets in and lives comfortable and nicely till the end of the days. When the bubble is drawn with bright colors, the protection is almost perfect – especially when these bubbles are institutions like the European Central Bank. Too …

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