Press Release: Malta Chamber of SMEs welcomes launch of direct flights to New York
17 September 2025
The Malta Chamber of SMEs welcomes the positive news that direct flights between Malta International...
Eurozone interest rates cut to historic low
08 July 2012
The European Central Bank has
cut its main interest rate by 0.25% – to its lowest ever level. It means that its main
rate is now at 0.75%, the first time it has been below 1%. Mario Draghi, the
president of the ECB, said that he broadly welcomed decisions taken at the
European Council and eurozone summit last week (28-29 June). He refused to
comment on the possibility of further long-term refinancing operations (LTRO),
cheap loans to banks that were credited with restoring some calm to financial
markets at the beginning of the year.
