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Europe Daily Bulletin No. 10607

4 May 2012
ECONOMY - FINANCE / (ae) ecb
Uncertainty dominating, growth pact is needed, says Draghi

Brussels, 03/05/2012 (Agence Europe) - At their meeting in Barcelona on Thursday 3 May, the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 1.00%, 1.75% and 0.25% respectively. ECB President Mario Draghi again spoke of the need for a growth pact alongside the fiscal compact, and said that the Governing Council had not...