In the traditional press conference following the reunion of the ECB's Governing Council, which decided unanimously to cut rates a quarter point, to the historic low of 1 , the head of monetary policy in the euro mean that these measures 'Unconventional' to encourage bank lending and encourage institutions to provide loans. 'These decisions have been made after a thorough discussion unanimously to promote relaxation in interest rates in money markets and encourage banks to maintain and expand its

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