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ECB set to cut rates again as crisis deepens

 
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nirvana
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PostPosted: Sat Jan 14, 2012 8:08 am    Post subject: ECB set to cut rates again as crisis deepens Reply with quote

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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