The benchmark interest rate In the Euro Area was last recorded at 2.65 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In June 2024, the European Central Bank (ECB) began reducing its fixed interest rate for the first time since 2016, implementing a series of cuts. The rate decreased from 4.5 percent to 3.15 percent by year-end: a 0.25 percentage point cut in June, followed by additional reductions in September, October, and December. The central bank implemented another cut in early 2025, setting the rate at 2.9 percent. This marked a significant shift from the previous rate hike cycle, which began in July 2022 when the ECB raised rates to 0.5 percent and subsequently increased them almost monthly, reaching 4.5 percent by December 2023 - the highest level since the 2007-2008 global financial crisis. How does this ensure liquidity? Banks typically hold only a fraction of their capital in cash, measured by metrics like the Tier 1 capital ratio. Since this ratio is low, banks prefer to allocate most of their capital to revenue-generating loans. When their cash reserves fall too low, banks borrow from the ECB to cover short-term liquidity needs. On the other hand, commercial banks can also deposit excess funds with the ECB at a lower interest rate. Reasons for fluctuations
The ECB’s primary mandate is to maintain price stability. The Euro area inflation rate is, in theory, the key indicator guiding the ECB's actions. When the fixed interest rate is lower, commercial banks are more likely to borrow from the ECB, increasing the money supply and, in turn, driving inflation higher. When inflation rises, the ECB increases the fixed interest rate, which slows borrowing and helps to reduce inflation.

Deposit Interest Rate In the Euro Area decreased to 2.50 percent in March from 2.75 percent in February of 2025. This dataset provides - Euro Area Deposit Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Finland ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Finland ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Finland ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Finland – Table FI.M001: Key Interest Rates: European Central Bank.

Finland ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Finland ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Finland ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Finland – Table FI.M001: Key Interest Rates: European Central Bank.

Belgium ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Belgium ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Belgium ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Belgium – Table BE.M001: Key Interest Rates: European Central Bank.

Luxembourg ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Luxembourg ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Luxembourg ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Luxembourg – Table LU.M001: Key Interest Rates: European Central Bank.

The benchmark interest rate in Sweden was last recorded at 2.25 percent. This dataset provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Greece ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Greece ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Greece ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Greece – Table GR.M001: Key Interest Rates: European Central Bank.

Latvia ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Latvia ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Latvia ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Latvia – Table LV.M001: Key Interest Rates: European Central Bank.

Slovakia ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Slovakia ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Slovakia ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Slovakia – Table SK.M001: Key Interest Rates: European Central Bank.

The benchmark interest rate in Germany was last recorded at 4.50 percent. This dataset provides - Germany Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Kosovo ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Kosovo ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Kosovo ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Kosovo – Table KS.M001: Key Interest Rates: European Central Bank.

Austria ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Austria ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Austria ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Austria – Table AT.M001: Key Interest Rates: European Central Bank.

Montenegro ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Montenegro ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Montenegro ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Montenegro – Table ME.M001: Key Interest Rates: European Central Bank.

The benchmark interest rate in Spain was last recorded at 4.50 percent. This dataset provides the latest reported value for - Spain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Latvia ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Latvia ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Latvia ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Latvia – Table LV.M001: Key Interest Rates: European Central Bank.

Greece ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Greece ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Greece ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Greece – Table GR.M001: Key Interest Rates: European Central Bank.

Belgium ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Belgium ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Belgium ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Belgium – Table BE.M001: Key Interest Rates: European Central Bank.

Slovakia ECB Interest Rate: Deposit Facility data was reported at 2.750 % pa in Feb 2025. This records a decrease from the previous number of 3.000 % pa for Jan 2025. Slovakia ECB Interest Rate: Deposit Facility data is updated monthly, averaging 0.500 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 4.000 % pa in May 2024 and a record low of -0.500 % pa in Jun 2022. Slovakia ECB Interest Rate: Deposit Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Slovakia – Table SK.M001: Key Interest Rates: European Central Bank.