Mario Draghi, head of the European Central Bank, has done it again and cut already low Eurozone interest rates to a historic low.
In future the benchmark rate will be 0.05 percent. And that's not all: in addition, the ECB has announced it will purchase huge amounts of covered bonds and asset-backed securities from European banks. Read more: http://www.dw.de/program/made-in-germany/s-3066-9798
