Tbilisi (GBC) - The European Central Bank left its refinancing rate unchanged at 2% at its first meeting of 2026. The rate has been unchanged since June 2025.

The ECB reaffirms its commitment to stabilizing inflation near its 2% target in the medium term.

According to the bank, the Eurozone economy remains resilient, supported by low unemployment, a healthy private sector balance sheet, and the positive effects of previous interest rate cuts.

However, it notes that the outlook remains uncertain, particularly given the risks posed by global trade policy and ongoing geopolitical tensions.