ECB cuts interest rates

The European Central Bank has cut its main lending rate by a further half of one percentage point today in an effort to boost economic activity in the euro-zone.

ECB cuts interest rates
Thu, 15 Jan, 2009 - 13:00

The European Central Bank has cut its main lending rate by a further half of one percentage point today in an effort to boost economic activity in the euro-zone.

The rate is now down to just 2%.

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