ECB cuts rates to new low
euronews (in English)
2012-07-05
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As expected the European Central Bank has cut borrowing costs to a new record low.
The benchmark interest rate has been reduced from 1.0 percent to 0.75 percent.
European shares extended gains on the news and the euro fell in value against other currencies.
...
http://www.euronews.net/
The benchmark interest rate has been reduced from 1.0 percent to 0.75 percent.
European shares extended gains on the news and the euro fell in value against other currencies.
...
http://www.euronews.net/
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