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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: ECB cuts rates to revive stagnant EU economies

04/09/2014

ECB cuts rates to revive stagnant EU economies

BBC World Service - World Business Report, ECB cuts rates to revive stagnant EU economies

The European Central Bank has cut interest rates to a new low to revive economic growth

The European Central Bank has cut interest rates to revive economic growth and the CFO of Lego tells us their customers decide which new toys will made for boys and girls.

Interest rates for the 18 countries that use the euro currency have been cut to a new low, as the European Central Bank tries to breathe life into the region's stagnant economies.

The French trader who was jailed for defrauding Societe Generale of nearly €5 billion will be released from prison next week. We hear from one of his friends, Richard Amalvy, about how the man dubbed a rogue trader has always claimed the bank was aware of his trades and accepted them when they made money, but turned against him when they went sour.

We also talk to the chief financial officer of Lego, John Goodwin, about how The Lego Movie, has helped the Danish plastic brick company become the world's biggest toy maker, overtaking its American rival Mattel.

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