ECB Cuts Interest Rates - Mario Draghi's controversial course | Made in Germany

DW (English) 2014-09-10

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Mario Draghi, head of the European Central Bank, has done it again and cut already low Eurozone interest rates to a historic low.
In future the benchmark rate will be 0.05 percent. And that's not all: in addition, the ECB has announced it will purchase huge amounts of covered bonds and asset-backed securities from European banks. Read more: http://www.dw.de/program/made-in-germany/s-3066-9798

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