Daily news and opinion from le Chat Marchet
December 4th, 2008 at 3:21 pm

European central banks slash interest rates to tackle recession (AFP)

Posted in: Uncategorized

European Central Bank (ECB) President Jean-Claude Trichet gives a press conference after a meeting of ECB governors in Brussels. Leading European central banks took historic action Thursday to ward off spreading recessions, slashing their key lending rates to boost businesses and consumers.(AFP/BELGA/Dirk Waem)AFP - Leading European central banks took historic action Thursday to ward off spreading recessions, slashing their key lending rates to boost businesses and consumers.


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