below zero

In 2016, cut its main interest rate below zero in an attempt to stimulate the country's stagnating economy.

Growth in economic output has hovered just above and below zero for more than a year before a modest upbeat surprise in the first three months of the year, when gross domestic product rose 0.3% from the quarter before.

“Typically the incursions of cold air from the Antarctic that drive temperatures below zero occur from June onwards, not so much in May.”

Only last month did it end its policy to keep its benchmark interest rate below zero.

"Even when temperatures of the ice are well below zero, the dark meteorites warm-up so much in the sun that they can melt the ice directly beneath the meteorite. Through this process, the warm meteorite creates a local depression in the ice and over time fully disappears under the surface," says Tollenaar.