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Europe Daily Bulletin No. 9818

15 January 2009
Contents Publication in full By article 28 / 32
GENERAL NEWS / (eu) eu/economy
ETUC urges central bank to cut interest rates to bone

Brussels, 14/01/2009 (Agence Europe) - On the eve of the European Central Bank (ECB) meeting on Thursday 15 January, Deputy Secretary General of the European Trade Union Confederation (ETUC) Reiner Hoffmann stated that the only sensible decision the ECB could make consists of continuing the policy of interest rates cuts and reducing them to a bare minimum. Hoffmann declared that “it is extremely dangerous to put forward the argument that interest rates cannot be cut because it would be...

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