At today’s meeting, which was held in Bratislava, the Governing Council of the ECB took the following monetary policy decisions: 1. The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 0.50%, starting from the operation to be settled on 8 May 2013. 2. The interest rate on the marginal lending facility will be decreased by 50 basis points to 1.00%, with effect from 8 May 2013. 3. The interest rate on the deposit facility will remain unchanged at 0.00%. The President of the ECB will comment on the considerations underlying these decisions at a press conference ... (full story)