The European Central Bank has raised its main lending rate in the 15-nation eurozone by a quarter Unicredit cuts jobs and eyes east ...
DW boss voices concern about press freedoms ...
Global Media Forum continues ...
ECB marks 10th anniversary ... of a percentage point in an attempt to control inflation.
The ECB rate is now at 4.25 percent. The bank had been widely expected to raise interest rates after inflation hit a record four percent in June, fuelled primarily by rising commodity prices. There is concern in some European countries, though, that a higher rate could slow down economic growth.
(Deutsche Welle)
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