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Europe Daily Bulletin No. 8975

23 June 2005
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/ecb
After interest rates fall in Sweden, eyes turn to ECB

Brussels, 22/06/2005 (Agence Europe) - Pressure in favour of cutting European Central Bank (ECB) rates increased on Tuesday after the decision by the central bank of Sweden (Riksbanken) to cut its key rate by 50 basic points to 1.5% because of doubts about growth. Germany's minister for the economy, Wolfgang Clement, seized this opportunity to call indirectly on the European Central Bank to follow the movement. In a press release, he states that the fall in rates in Sweden shows it is...

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