The European Central Bank has cut borrowing costs to a new record low trying to breathe life into a weakening eurozone economy.<br /><br />The benchmark interest rate was reduced from 1.0 percent to 0.75 percent. <br /><br />But ECB President Mario Draghi and his policymakers resisted pressure from the financial markets and even the International Monetary Fund to take bolder measures.<br /><br />...<br />http://www.euronews.net/
