HomePoliticsMarcelo. ECB decision is 'headache for governments' and 'promotes radicalism'

Marcelo. ECB decision is ‘headache for governments’ and ‘promotes radicalism’

Speaking to journalists at the entrance to the Canadian Center for Architecture in Montreal, during his official visit to Canada, Marcelo Rebelo de Sousa argued that The message from the European Central Bank (ECB) lacks “a sign of hope” and describes its position as “very rigid”..

According to the head of state, “this is a criminal offense for all governments, all governments” and “under this straitjacket, the Portuguese government has done what it could in the field of social aid, but always while the ECB in general tells governments to do less socially. staff”.

The European Central Bank (ECB) announced on Thursday a new increase – the tenth in a row – of the three main interest rates, by 25 basis points.

“Inflation continues to fall, but is expected to remain too high for too long. The Governing Council is committed to ensuring that inflation returns to its medium-term target of 2% in a timely manner,” the central bank said in a statement.

Author: DN/Lusa

Source: DN

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