ECB cuts rates by 50 points to 2%

Eurozone interest rates were cut by a half percentage point to 2% to a three-year low, January 2009, amid rising concerns about Europe’s economic downturn.

ECB: Press Release, 15.1.09: Introductory statement http://www.ecb.int/press/pressconf/2009/html/is090115.en.html

ECB: Press Release, 15.1.09: Monetary policy decisions http://www.ecb.int/press/pr/date/2009/html/pr090115.en.html

BBC News, 15.1.09: Eurozone interest rates cut to 2% http://news.bbc.co.uk/2/hi/business/7830611.stm

France24, 15.1.09: ECB cuts benchmark interest rate to 2.0 http://www.france24.com/en/20090115-ecb-cuts-main-rate-2-percent-eurozone-financial-crisis

Deutsche Welle, 15.1.09: ECB Cuts Interest Rate As Recession Fears Deepen http://www.dw-world.de/dw/article/0,,3948225,00.html

EurActiv, 16.1.09: Eurozone interest rates slashed to historic low http://www.euractiv.com/euro-finance/eurozone-interest-rates-slashed-news-221138

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