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Article | May 3, 2012 - 11:18am

This afternoon (3 May) the European Central Bank (ECB) is expected to announce a hold of its main interest rate at the current level of 1%, but analysts expect that the ECB will soon proceed to a reduction of at least one quarter unit to 0.75% in view of the worsening economic climate

This afternoon (3 May) the European Central Bank (ECB) is expected to announce a hold of its main interest rate at the current level of 1%, but analysts expect that the ECB will soon proceed to a reduction of at least one quarter unit to 0.75% in view of the worsening economic climate, with the peripheral members states of the Eurozone one after the other entering in official recession.

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Article | April 15, 2012 - 8:20pm

The healthcare industry could create tens of thousands of new jobs this year, the German Association of Chambers of Commerce and Industry said in a report published on 10 April, The Local reported. 

The healthcare industry could create tens of thousands of new jobs this year, the German Association of Chambers of Commerce and Industry said in a report published on 10 April, The Local reported.

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Article | April 4, 2012 - 3:56pm

As expected, the European Central Bank kept its Interest rates unchanged.

In a short announcement the ECB said, “At today’s meeting (4 April) the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively”.

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