Euro rate drops to 0.25%

ECB Cuts Key Rate to Record Low to Fight Deflation Threat - Bloomberg

Policy makers meeting in Frankfurt today reduced the main refinancing rate by a quarter point to 0.25 percent

TransferWise - great new service for small international transfers

I just read an article about TransferWise - (for me) a new currency exchange and international transfer service. The company is a startup and has excellent reviews from financial and computer magazines. It was started by "people who built Skype & PayPal". These are all pretty good references.

The fee for amounts of less than €200 is only about €1. For larger amounts there is extra fee of 0.5%.

Transfer Money Online | Send Money Abroad with TransferWise