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Europe Daily Bulletin No. 10488

4 November 2011
Contents Publication in full By article 15 / 27
GENERAL NEWS / (ae) eu/ecb
ECB creates surprise by lowering key interest rates

Brussels, 03/11/2011 (Agence Europe) - At its meeting in Berlin on Thursday 3 November, the Governing Board of the European Central bank (ECB) decided “unanimously” to reduce key interest rates by 25 basis points. Thus, for operations from 9 November: - the interest rate on the main refinancing operations will be decreased from 1.50% to 1.25%; - the interest rate on the marginal lending facility will be brought down from 2.25% to 2.00%; - the interest rate on the deposit facility will...

Contents

A LOOK BEHIND THE NEWS
EUROZONE CRISIS AND G20
THE DAY IN POLITICS
GENERAL NEWS