part of its monetary policy, the European Central Bank (ECB) has once again reduce its key rates. Thus, the rate refinancing (Refi or Repo) increased from 3.75 to 2.50% as of December 10.
Accuracy: Given the decline in the refinancing rate of the ECB, the rate of liquidated damages payable by a vendor is again changed, it is set to 9.50 % (12.50% from 1 January 2009). This decrease
history must also be sufficient to cope with the worsening economy and improve access to credit. Copyright ©
SID Press - 2008
