Economic recovery stumbles, leading Europe to decrease interest rates once more
The adjustment brings down the benchmark rate in the 20 euro-using nations to 3.5%, dropping from the previous 3.75%.
This is an evolving situation and will be revised.
The central bank's decision to lower the interest rate is expected to boost local businesses in the eurozone. The overall health of the economy, including businesses, will be closely monitored to assess the impact of this rate adjustment.