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Euribor rates fall after ECB says discussed rate cut
Reuters: Business News
Fri, 7 Dec 2012
FRANKFURT (Reuters) - Key Euribor bank-to-bank lending rates fell on Friday, a day after European Central Bank President Mario Draghi said the bank discussed cutting interest rates at its December meeting but in the end decided to leave them unchanged at 0.75 percent.
The EuropeanCentralBank has helped soothe short-term sovereign debt worries in Europe , but long-term competiveness must be improved for the crisis to fully fade away, says Morningstar's Dave Sekera.