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European Bank Cuts Key Rate by a Quarter Point

Apr. 2, 2009
The bank cut its benchmark rate to 1.25 percent, a smaller move than was expected by most analysts, and announced additional steps to try to revive bank lending.
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OSLO, Norway, Oct. 29 (UPI) -- Norway's central bank, Norges Bank, knocked a half point off its key lending rate Wednesday, dropping the rate down to 4.75 percent.

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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa