Posts Tagged ‘Euro zone sovereign debt situation’
LiveWire Economics Blog - April 11, 2011 20:46
Interest Rate by Hike European Central Bank could Result in Sluggish Growth
The 17 nation shared currency the euro has posted gains in recent trading sessions despite the euro zone’s sovereign debt worries. The main reason behind the appreciation of the euro is the recent interest rate hike by European Central Bank. The central bank has recently increased its key refinancing interest rate from 1 percent to […]
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