10-03-2016 15:11 via news.yahoo.com

ECB actions to boost eurozone economy

Here are the main actions taken Thursday by the European Central Bank kickstart the chronically weak eurozone economy. - The ECB lowered the main rate at which it lends to commercial banks -- the so-called refi rate -- to zero for the first time ever from 0.05 percent. - It pushed the interest rate on its deposit facility for commercial banks to -0.40 percent from -0.30 percent.
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