SERVED ? SOMETHING  DOWN THE INTEREST  RATE  FOR  THE EUROPEAN  CENTRAL BANK (ECB ) ?

In November 2013 the ECB announced a further decline in quarter-point interest rate reaching 0.25%.
According to the latest data Draghi inflation in the euro area was 0.7% , which seemed to be the reason to keep the euro zone to fall into deflation. Although the ECB does not " see him clear."
So why this choice? . Economists questioned by zaharadirect.com , which is intended that the appreciation of the European currency was under expensive exports will get that , this being the measure to prevent the fall in domestic demand . It also aimed to increase the mortgage request by consumers, for example: buying apartments and houses in Zahara , but this has not occurred putting the ability of the monetary authority in question to stimulate the cycle when rates of interest are at minimum .
It is a lie that the economy has emerged from recession and is growing as the Government of Rajoy says , and if you have not done with types 1% , the latter will not be lowering the trigger for our recovery.
The handicap that would move down to the productive sector , consumer and business, but now these measures are not . The clearest case is the fall in mortgage lending and sales Zahara and the rest of Spain .

Article by Jose Gomez .
http://www.zaharadirect.com- Apartments in Zahara .
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