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European Central Bank Imposes Negative Interest Rates

BBC – The European Central Bank (ECB) has introduced a raft of measures aimed at stimulating the eurozone economy, including negative interest rates and cheap long-term loans to banks.

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Brussels Firmly Set to Steal from Savings Accounts

As the Cyprus banking crisis deepens Brussels has announced a bailout package that clearly involves stealing from savers accounts in order to stave off bankruptcy.

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