The European Systemic Risk Board (ESRB) has published a new recommendation on US dollar-denominated funding of banks addressed to the national supervisory authorities of the EU Member States.
At a meeting held on 12 January 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 1.00%, 1.75% and 0.25% respectively.
The Central Bank of Malta has published the third issue of its Quarterly Review for 2011, which analyses economic and financial developments in Malta and abroad during the second quarter of 2011 and going into the third.
