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EZB nimmt Rücksicht auf Portugal # 07.07.2011 18 Uhr # Journal Englisch

Dana EichhorstJuly 7, 2011

The European Central Bank has raised its key interest rates by 25 basis points to 1 and a half percent. It's the second hike this year --and was widely expected to help cool inflation in the Eurozone. And the ECB has responded to Moody's slashing of its rating on Portugal to junk status. At a press conference, ECB president Jean-Claude Trichet said the bank would accept Portuguese debt regardless of its rating.

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