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Following the 1.5% slashing of UK interest rates by the Bank of England earlier, the European Central Bank has cut interest rates by 0.5% to 3.25%.
The last time ECB rates stood at 3.25% was in October 2006.
Following the 1.5% slashing of UK interest rates by the Bank of England earlier, the European Central Bank has cut interest rates by 0.5% to 3.25%.
The last time ECB rates stood at 3.25% was in October 2006.
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Excellent time to have a tracker mortgage.....
Only when germany feels the cold does anything get done!!!
I'm feeling that joy myself! :mrgreen:Originally Posted by hiding behind a poster
Excellent time to have a tracker mortgage.....
God love them.... 0.5%
Yes, precisely. Germany takes such a responsible view that when it feels the cold, that's an indication that the sh1t has really hit der Fan. When we feel the cold it's only because we've ripped the roof off our own house and stuck our butts out the window.
Jesus man. Don't you ever have anything positive to say about the EU. If it wasn't for Germany's input into the EEC/EC/EU, we wouldn't have an economy. Germany acts ahead of the trend, if it doesn't create it. If we had to rely entirely on our own genius, we'd be down the toilet with Iceland.
Would you prefer if we were outside the Euro? Have a good think, now.
Get in there! Back of the net!
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