SPAK's ax begins on Berisha's family members, Shkëlzeni is called as a witness for "Gërdec", here are the facsimiles that sink him, the evidence that shows the son of the "non woman" as the shadow owner of the business of death, how he placed the minis...
The US statement about "non-women" and the crackling of handcuffs for his family members "furious" Sali Berisha, the head of "Foltore" accusations, threats and attacks against SPAK
The "hemorrhage" of the DP deserters group begins, Dash Sula, Lefter Gështenja and "Rhapsody" Gjekmarkaj distance themselves from Sali Berisha after the American ultimatum
Quarrel breaks out in the anti-American gang, Berisha cuts off Bardhi's hopes for General Secretary, declares that Noka is number 2, "Foltorja" pressures the Supreme Court for the stamp before creating a new party
What happened in the USA between Yuri Kim and Edi Rama, why did the Albanian prime minister censor the meeting with the former American ambassador?
Edi Rama's positions in the USA are getting worse, McGonigal accepts the bribery charge of 225 thousand USD for lobbying the Albanian prime minister, the former FBI agent risks 5 years in prison for the Albanian file
Salaries 900 euros in the state, the salary increase calendar in the public sector is revealed, here's when teachers, policemen, soldiers, doctors and nurses will benefit
McGonigal accepted the accusations of lobbying against the DP, Basha comes out with a strong reaction: Sali...
Record level, European Central Bank increases interest rates to 4%
Written by SOT.COM.AL 14 Shtator 2023
The European Central Bank raised interest rates again by 25 percentage points to 4%, the highest level since the inception of the euro currency in 1999.
"Inflation continues to fall, but is still expected to remain very high for a long time. The Governing Council is determined to ensure that inflation returns to its medium-term target of 2% in due course. In order to strengthen the progress towards its objective, the Governing Council decided today to increase the three main interest rates of the ECB by 25 basis points", says the ECB announcement.
The central bank, which has now raised borrowing costs for the 10th time in a row, hinted it may not need to raise rates further, although it said it remained data-dependent.
"The key interest rates of the ECB have reached levels that, maintained for a sufficiently long duration, will make a significant contribution to the timely return of inflation to the target. The Governing Council will continue to follow a data-driven approach to determine the appropriate level and duration of restriction," the decision states.
The eurozone as a whole has avoided recession so far, but Germany, its largest economy, has contracted. It is not only higher interest rates that are weighing down economic activity. Another factor was the fear of a shortage of natural gas after the Russian invasion of Ukraine last year. So is the weakness in China, where Germany's manufacturing industry relies heavily.
At the same time, the inflation rate in the Eurozone stands at 5.3%, still far above the ECB's 2% target. Although it has declined from a peak of 10.6% in October, it is expected to continue at these levels for some time.
The European Commission earlier this week lowered its forecasts for economic expansion and said inflation would continue to average more than 3% in 2024.