The European Central Bank's recent monetary policy decisions

Published in the special anniversary edition of Expansión

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Annual Report 2022

Monetary Policy and Price Stability

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25 years of the ECB

25 years of the ECB

On 1 June 1998, the ECB was established to launch the euro and safeguard its value. Today, more than 346 million Europeans across 20 countries use the euro every day.

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Latest data

ECB indicators. Last monetary policy decision: 04.05.2023

Main refinancing operations

3,75%

Effective: 10.05.2023

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Marginal lending facility

4,00%

Effective: 10.05.2023

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Deposit facility

3,25%

Effective: 10.05.2023

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One-year Euribor

3,862 %

Ref. hipotecas 05/2023

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