Brussels, 15/01/2009 (Agence Europe) - At its meeting in Frankfurt on Thursday 15 January, the Governing Council of the European Central Bank (ECB) decided to reduce the interest rate applied to main refinancing operations within the Eurosystem by 50 base points to 2%. In all, the rate has been reduced by 225 base points since 8 October 2008. The main rate has thus been lowered to the all-time low in the ECB's 10-year existence: it was at this level between June 2003 and December 2005. The...