The long-term prime lending rate was lowered three times by a total of 0.8 percentage points since September 1996 in response to developments in the long-term interest rates, and has been moving at the record low of 2.5 per cent since December 1996.
They would also help to make our economic and monetary union more stable in the long term. What opportunities do integrated capital markets have to offer? So what I will do next is focus on the integration of the EU’s capital markets. The key questions are: First, what opportunities do integrated capital markets have to offer?