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2013-05-03 — www.spiegel.de
``The European Central Bank has cut its benchmark interest rate from 0.75 percent to an all-time low of 0.5 percent in an attempt to pull the euro zone out of recession. The quarter-point cut was announced on Thursday by ECB President Mario Draghi at a press conference following a policy meeting in Bratislava. The move comes on the heels of dismal economic indicators for the 17-country euro zone. ''
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