SpeechHow to stabilise the euro area
We need more supportive fiscal policy alongside monetary policy for a faster return to price stability with fewer side effects, says President Mario Draghi in Greece. Acting too late leads to a longer period of accommodative policies.
|Marginal lending facility||0.25 %|
|Main refinancing operations (fixed rate)||0.00 %|
|Deposit facility||− 0.50 %|