ECB may consider lowering interest rates

Note: This section contains information in English only.
Source: Bloomberg
ECB may move closer to reducing borrowing costs to a record low as the European turmoil deepens threatening to curb global economy. While majority of economists surveyed by Bloomberg predict that Mario Draghi and other ECB officials will leave key interest rate unchanged at 1%, some predict a quarter point cut and one expects even half-point reduction. ECB is facing pressure from lenders to push interest rates down and provide more liquidity to financial institutions. 
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