English

ECB's Draghi defends low rates policy against German complaints

Economy

Video. ECB's Draghi defends low rates policy against German complaints

Updated: 02/05/2016 - 20:42 GMT+2

ECB head Mario Draghi has defended low interest rates following complaints from German officials, including Finance Minister Wolfgang Schauble, that they are hurting savers.

Read full article

Top stories

Now playing Next

ECB's Draghi defends low rates policy against German complaints

Now playing Next

Latest news bulletin | April 5th, 2026 – Midday

Now playing Next

The Central Asian airport quietly becoming a global freight hub

Now playing Next

Musk’s path to $1 trillion: SpaceX files for IPO, reports say

Now playing Next

Explosives found near gas pipeline connecting Serbia and Hungary, Vučić says

Now playing Next

Marilyn Monroe’s personal belongings to go on display in new centenary exhibition

Now playing Next

Podcast: Brussels Naked and more book picks beyond the headlines

Now playing Next

Leipzig Eierlei festival celebrates the 'eggstraordinary' art of Easter decorations

Now playing Next

Latest news bulletin | April 5th, 2026 – Morning

ADVERTISEMENT

ADVERTISEMENT

More from Economy

Economy

Iran war pushes Germany's deficit to 4.2% as growth outlook is cut by 50%

Economy

EU warns oil and gas prices will not immediately return to normal even if the Iran war ends

Economy

Iran war energy shock puts ECB on alert — Lagarde says this is no repeat of 2022

Economy

IEA: Global economy faces ‘major, major threat’ because of Iran war

Latest video

World News

Meloni in the Gulf: harmony on gas and defence with Qatar, the Emirates and Saudi Arabia

Iran

US and Iran race to find missing downed pilot as Lebanon faces intense Israeli strikes

Europe News

Sea-Watch rescue 44 migrants from abandoned oil rig in Mediterranean

Europe News

Five EU ministers call for new windfall tax on energy profits amid price surge

Italy

Pope Leo XIV bares cross for full Good Friday procession, a feat not seen in decades

Ukraine

Fifteen dead in 'massive' Russian attack while Kyiv signals readiness for Easter ceasefire

Food and Drink

Simply the best: A connoisseurs guide to the finest Belgian chocolate this Easter

Tech News

Can brain cells run computers? This startup powers data centre using human neurons

ADVERTISEMENT

Health news

The new spring detox? How to eat like a Greek monk over Lent

No Comment

Ukraine’s Zhytomyr region reels after missile and drone strike

No Comment

Nigeria worshippers mark Easter with Lagos street procession

No Comment

Iran reeling after B1 bridge strike as Trump threatens further attacks

The Cube

Fact check: How can a country actually withdraw from NATO?

Iran

US launches rescue operation after state TV says American fighter jet downed in Iran

France

New Paris mayor vows to end all sexual violence in schools with €20m action plan

Finland

Finnish conscripts train for all-out war with Russia

ADVERTISEMENT

ADVERTISEMENT