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Image header Agence Europe
Europe Daily Bulletin No. 9818
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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