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Europe Daily Bulletin No. 8355

6 December 2002
Contents Publication in full By article 10 / 34
GENERAL NEWS / (eu) eu/ecb
ECB cuts interest rates by 0.5% - agreement on voting methods at governing council on enlargement

Brussels, 05/12/2002 (Agence Europe) - On Thursday, the European Central bank (ECB) decided to cut interest rates by 0.5% during its Governing Council. The interest on the marginal lending facility has been reduced to 2.75% from 3.25% (as from 11 December) and the interest on the deposit facility has been reduced from 2.25% to 1.75% (as from 6 December). ECB interest rates are now at their lowest levels since November 199. This is the sixth cut in interest rates by the ECB since the...

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THE DAY IN POLITICS
GENERAL NEWS
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