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ECB holds interest rates, forecasts grim 2013

2012-12-06 3 Dailymotion

As expected, the European Central Bank kept its main interest rate unchanged on Thursday at a record low 0.75 percent for the fifth month running. <br /><br />The ECB also slashed its forecasts for the eurozone economy.<br /><br />Its experts believe a contraction is very likely next year before a return to growth in 2014.<br /><br />...<br />http://www.euronews.net/

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