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ECB "ready to act" to help languishing economy
Reuters FRANKFURT (Reuters) – European Central Bank President Mario Draghi opened the door on Thursday to an interest rate cut as soon as next month, saying his bank stands "ready to act" to boost the recession-hit euro zone economy. Speaking at news … EUROPE MARKETS: Europe Stocks Drop As Draghi Addresses Economy ECB leaves rates despite Cypriot ECB signals it may cut rates if European economy deteriorates |