In its third consecutive meeting, the Governing Council of the European Central Bank (ECB) cut all three key interest rates by a quarter of a percentage point, as expected. They are now in the range of 3.00–3.40 per cent.
“As Victor Hugo once proclaimed, we have not yet done with being French”, declared Marine le Pen, launching her presidential campaign in Lyon on 4th February.
When the eurozone debt crisis broke out in late 2009, there was considerable agreement among policymakers that budgetary prudence and structural reform must be at the heart of the crisis response.