The European Central Bank
has cut interest rates to a record low, in a fresh attempt to counter the
threat of economic stagnation across the eurozone.
The governing council cut its benchmark main refinancing rate from 0.15 per
cent to 0.05 per cent and said it would charge lenders 0.2 per cent, up from
0.1 per cent, for their deposits parked at the central bank.
http://www.ft.com/intl/cms/s/0/ce193ae0-341f-11e4-8832-00144feabdc0.html?siteedition=uk&ftcamp=crm/email/2014?ftcamp=crm/email/201494/nbe/BreakingNews1/product_a2___a3__/nbe/BreakingNews1/product#axzz3CQ8TF77V
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