Posted on04 June 2009.
The Monetary Policy Committee has decided to lower the Central Bank of Iceland’s policy rate by 100 basis points to 12.0 percent. Overnight lending rates will also be lowered by 100 basis points. Other Central Bank interest rates will remain unchanged.
No. 16/2009
June 4, 2009
See further:
At 11.00 GMT, the Bank will present the rationale for the decision in a webcast.
The webcast can be viewed here:
Webcast at the Central Bank of Iceland, June 4, 2009.
(Central Bank of Iceland press release)
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THE QUESTION IS: IS THE CBI TRUSTWORTHY IN ANYTHING THEY HAVE EVER SAID ?
you also…. :D
You wrote you lived everywhere EXCEPT Continental Europe for a while (I doubt I misread your post). it seems you are not satisfaid with your Icelandic journey, move somewhere else but DO NOT EXPECT Europe is far better ….
P.S. Who have won European Elections in Netherlands ? ;)