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ECB slashes interest rates to historic low
04.05.2013. | The European Central Bank (ECB) has cut its refinancing interest rate to a record low of 0.50%, in a bid to kick-start the eurozone’s sluggish economy, but the change is thought unlikely to filter down to crisis-stricken Mediterranean states.
The anticipated cut from 0.75% was the first since July last year, and came......
