The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
Tag: Cuts
European Central Bank officials are expected to cut interest rates this week for the first time in more than five years, drawing a line under
BERLIN — Russia’s state-owned gas monopoly, Gazprom, said on Monday that it would further reduce the amount of natural gas it sends to Germany through