“There is not going to be any new London in the EU 27. History happened in a certain way. You can’t just lift institutions and drop then somewhere else,” Philip Lane, the head of the Irish central bank at an event in London. “You may well have this fragmented but integrated financial system so location…
Tag: european central bank
ECB: changes coming
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council continues to expect the key ECB interest rates to remain at…
EUROPE DIPLOMATIC 