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ECB keeps rates unchanged, cautious on recovery

2013-09-05 58 Dailymotion

As expected the European Central Bank kept the cost of borrowing unchanged at a record low 0.5 percent on Thursday, and ECB head Mario Draghi was very cautious on the eurozone's economic recovery.<br /><br />He said the ECB is ready to cut interest rates or pump more stimulus cash in if banks start charging customers and companies more to lend them money.<br /><br />...<br />http://www.euronews.net/

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