From “Dividing by Zero” (Global Knowledge, 2016-2017), Ana Nives Radovic 

Last month’s decision of the European Central Bank to keep interest rates in Eurozone under their historical minimum, with the key reference rate at zero, as well as to leave their substantial public and private debts accumulated since 2015 operational was followed by this institution’s decision to leave the marginal lending rate at 0.25 percent, allowing banks to borrow for 24 hours.

The article is part of academic publication “Dividing by Zero” and will be available online after October 21st 2017, after e-book distribution to scientific research units.

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