Tags: Ecb
ECB lowers interest rates, businesses grow
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
Cyprus government bonds now ineligible
The ECB announced that Cyprus government bonds are ineligible as collateral due to lowered credit rating.
Euro loans to private sector shrinks
Loans to the euro zone private sector declined further. (Photo : REUTERS)Structure showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt European region's private sector loans declined further last month as investors gain less interest for spending.
