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Eurozone crisis: Part But Not All of the Solution
the european central bank cut its key interest rates in a surprise move on thursday to calm markets amid mounting risks that greece might have to leave the eurozone.european stock markets , severely depressed by the greek-eurozone debt crisis , rallied strongly on the news.the ecb's policy-setting governing council voted to lower the rate for its main refinancing operations by a quarter of a percentage point to 1.25 percent at the regular monthly meeting here , the first to be chaired by the bank's new president , mario draghi of italy .
the european central bank's decision to cut its key interest rates in a surprise move on thursday to calm markets amid mounting risks that greece might have to leave the eurozone.european stock markets , severely depressed by the greek-eurozone debt crisis , rallied strongly on the news.the ecb's policy-setting governing council voted to lower the rate for its main refinancing operations by a quarter of a percentage point to 1.25 percent at the regular monthly meeting here , the first to be chaired by the bank's new president , mario draghi of italy .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank t it was obvious that the continent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi's first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
the european central bank cut its key interest rates in a surprise move on thursday to calm markets amid mounting risks that greece might have to leave the eurozone.european stock markets , severely depressed by the greek-eurozone debt crisis , rallied strongly on the news.the ecb's policy-setting governing council voted to lower the rate for its main refinancing operations by a quarter of a percentage point to 1.25 percent at the regular monthly meeting here , the first to be chaired by the bank's new president , mario draghi of italy .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank t it was obvious that the continent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi's first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank t it was obvious that the continent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi’s first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
the european central bank cut its key interest rates in a surprise move on thursday to calm markets amid mounting risks that greece might have to leave the eurozone.european stock markets , severely depressed by the greek-eurozone debt crisis , rallied strongly on the news.the ecb's policy-setting governing council voted to lower the rate for its main refinancing operations by a quarter of a percentage point to 1.25 percent at the regular monthly meeting here , the first to be chaired by the bank's new president , mario draghi of italy .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank's decision to cut it was obvious that the regular montinent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi’s first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
the european central bank (ecb) cut interest rates by a quarter point to 1.25% in a surprise move on thursday , acting boldly to support the ailing euro zone economy at president mario draghi’s first policy meeting in charge .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank t it was obvious that the regular montinent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi’s first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
u.s t stocks advanced in early trading , boosted by the european central bank's decision to cut its main policy rates and by investor hopes that greece can avoid a referendum on a euro-zone bailout package .
all through the eurozone crisis things have been made worse than they needed to be by the actions of the european central bank t it was obvious that the continent as a whole was slipping back into recession (to say nothing of the periphery countries suffering deflation of their economies) but the ecb has this teutonic insistence upon raising interest rates in order to squeeze inflation out of the system t that at least seems to have stopped: the european central bank cut interest rates by a quarter point to 1.25 percent in a surprise move thursday , acting boldly to support the ailing euro zone economy at president mario draghi’s first policy meeting in charge t to be honest , a full one point fall in the rate would strike me as being a better idea t this just isn't the time for small measures t this part of the solution was fully in the ecb's hands , they can move interest rates to wherever they want to .
Generated 2011-11-7_22:18
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