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What's On? / News / Malta joins Italy in welcoming ECB rate cut

Malta joins Italy in welcoming ECB rate cut



Maltese Prime Minister Joseph Muscat on Monday welcomed last week's decision by the European Central Bank to cut its main interest rate, joining Italy in saying the move signalled a willingness to support growth in the euro zone. Speaking at a joint news conference with Italian Prime Minister Enrico Letta, who last week described the rate cut as "great news", Muscat said the whole of the ...