People gather at an automatic teller machine in Nicosia, Cyprus, in this file photo. The European Central Bank (ECB) cut interest rates to a fresh record low Thursday and launched a new program to push money into the flagging eurozone economy, surprising markets and leaving open the option of more to come. In a series of measures highlighting growing concern about the currency bloc’s health, the ECB cut its main refinancing rate to 0.05 percent from 0.15 percent and drove the overnight deposit rate deeper into negative territory, now charging banks 0.20 percent to park funds with the central bank.SD-Agencies
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