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Image header Agence Europe
Europe Daily Bulletin No. 9540
Contents Publication in full By article 10 / 31
GENERAL NEWS / (eu) eu/ecb

ETUC argues for immediate cut in interest rates

Brussels, 09/11/2007 (Agence Europe) - After the European Central Bank (ECB) adopted a wait and see policy with its monetary decision on 8 November (see EUROPE 9539), the European Trade Union Confederation (ETUC), in a report published the same day, called for an cut in interest rates in the euro area “right now”. ETUC, fearing the slowdown could be more pronounced than expected, bringing down euro area growth rates well below 2%, says that, if the ECB does not take steps ahead of such a...

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