ECB leaves interest rates flat, deposits at -0.50%

(ANSA) - ROME, APRIL 14 - The European Central Bank leaves interest rates firm as expected: the principal rate remains at zero, the deposit rate at -0.50% and the marginal loan rate at 0.25 %.

This was announced by the ECB after the meeting of the Governing Council.

    The war in Ukraine is "heavily affecting" eurozone confidence, and energy prices are reducing demand and holding back production.

Says the ECB in a statement after the meeting of the Governing Council.

"Economic developments will depend crucially on how the conflict evolves", reads the statement.

(HANDLE).