AIB Bank had announced AIB today announced that it is to increase some of its mortgage rates with effect from close of business on 29th March, 2010.
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The European Central Bank (ECB) has kept the eurozone interest rate at its record low of 1% for the 10th month in a row, as expected.
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Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review.
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For the eight consecutive month the European Central Bank has decided to keep interest rates on hold.
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Eurozone interest rates remained, as expected at their historical low of 1 percent today for the sixth month in a row.
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Both the Bank of England and the European Central Bank (ECB) have decided to keep their respective base interest rates on hold.
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European Central Bank President Jean Claude Trichet has suggested that the beginning of the end of the recession is now in sight for the eurozone economies.
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