They have made their deposit rates less-negative. The rate paid on deposits held at the central bank is now -0.1% from -0.2%. They’ve raised the refinainacing rate to 0.3% from 0.2%.
Why care? Because it is a sign of a lessening of ripple effects of the euro debt crisis. It is a bit bullish for the euro.
On a down note, German industrial giant ThyssenKrupp’s credit rating to BA1 with a negative outlook.
