ReePrime
ECB holds interest rates, forecasts grim 2013

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

ECB holds interest rates, forecasts grim 2013

E
euronews (in English)

3 Views • Dec 06, 2012

Description

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.

The ECB also slashed its forecasts for the eurozone economy.

Its experts believe a contraction is very likely next year before a return to growth in 2014.

...
http://www.euronews.net/