OppConnect | ECB rate cuts ‘set to provide big boost for overseas property sector’

mario draghi

The European Central Bank (ECB) has cut its benchmark rate by 0.1% and reduced its deposit rate to below zero in a bid to boost lending in a move that will help further stimulate the overseas property sector across Europe

The overseas property sector across Europe is set for a big boost after the European Central Bank (ECB) lowered one of its crucial interest rates to below zero and cut its benchmark rate by 0.1%.

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