nirvana
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Joined: 13 Nov 2010
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 Posted: Sun Dec 04, 2011 5:09 pm Post subject: ECB set to cut rates again as crisis deepens |
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The European Central Bank is expected to cut its key interest rates for the second time in two months next week as EU leaders battle to find a solution to the long-running debt crisis.
The ECB's decision-making governing council is holding its last monthly interest-rate meeting this year on Thursday, the same day as European Union leaders gather in Brussels to find ways out of a crisis that is threatening the very existence of the single currency.
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