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Ive tried searching on google and wikipedia to no avail. i need this information urgently. what is the name of the organisation that regulates the interest rates in europe, or is there any? is it a suggested rate that banks use to estimate thier rate level?? im stuck. any relevent help would be appreciated

The european central banksee linkhttp://www.ecb.int/stats/monetary/rates/html/index.en.html