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ECB approved a fresh stimulus package


The European Central Bank approved a fresh stimulus package on Thursday. It cut its deposit rate to a record low -0.5% from -0.4% and will restart bond purchases (printing money) of €20bn a month from November. It also eased the terms of its long term loans to banks. With inflation falling, Germany skirting a recession and a global trade war sapping domestic confidence, the ECB is trying to stimulate economic growth. Cheap loans will keep inflating asset prices, including real estate prices in Slovakia, and will punish savers. 



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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

The government will adopt kurzarbeit and moratorium on bankruptcies and asset forfeitures


The government will adopt kurzarbeit next week, offering large companies higher wage compensations compared to the current scheme, says Labor Minister...

Real estate prices rose 40% since 2007


Slovak housing real estate prices were 40% higher in the final quarter of 2019 compared to 2007, the 8th-highest growth pace in the EU, according to E...

Ceny nehnuteľností od roku 2007 stúpli o 40%


Slovenské ceny nehnuteľností na bývanie boli vo štvrtom štvrťroku 2019 o 40% vyššie ako v roku 2007, čo bol ôsmy najvyšší rast v EÚ, ukazujú údaje Eur...

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