ECB cuts interest rates to 1%
The European Central Bank has cut interest rates back to their historic low of 1%, as expected by markets.
The decision comes just ahead of a "do-or-die" Brussels summit of EU heads to hammer out a plan to save the euro.
The BBC's Maryam Moshiri some analysts think the ECB should have gone even further to help rescue to eurozone.
08 Dec 2011
- From the section Business