June 12, 2026
In an interview with Bloomberg TV, Governor Primož Dolenc explained the reasons for the ECB’s interest rate increase, stressing that the measure was necessary to contain inflation. He highlighted that, in conditions of high uncertainty regarding the scale and duration of the energy shock, the current level of interest rates allows for an appropriate response to further developments. He added that the latest macroeconomic projections indicate that, due to the ongoing conflict in the Middle East, inflation in the euro area will be higher than initially expected this year, while economic growth will be somewhat lower. The interview is available at the link.