The European Central Bank has cut its benchmark interest rate again to 2% - the lowest in 10 years.
It was the bank's fourth successive reduction. The rate was previously set at 2.5% on 4 December.
ECB president Jean-Claude Trichet said on Wednesday the decision was unanimous.
He indicated there would be no further cut next month and the bankcis now looking to March as the next point of focus.
Inflation in the euro zone has fallen rapidly in recent months and was 1.6% in December. The bloc was confirmed as being in recession late last year.
Mr Trichet said the euro zone economy was looking weaker than a month ago and the governing council expects a further slowing in the economy.
