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ECB to proceed chopping charges in December, Stournaras says By Reuters

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ATHENS (Reuters) – The European Central Financial institution is predicted to proceed chopping rates of interest this month, ECB policymaker Yannis Stournaras stated on Monday.

“Apparently, we’ll proceed chopping rates of interest in December,” Stournaras, the governor on the Financial institution of Greece and one of many doves on the ECB’s Governing Council who favours decrease charges, instructed a convention in Athens run by a Greek monetary web site.

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