No change in eurozone cost of borrowing

  • 11 years ago
As expected, the European Central Bank has kept its main interest rate at a record low 0.5 percent as it assesses how the eurozone is doing.

Economic data did improve slightly in May - when there was a rate cut - and ECB President Mario Draghi said this week he still sees "a very gradual recovery" starting later this year, which would take pressure off the ECB to act again

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http://www.euronews.net/

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