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Europe Daily Bulletin No. 10901

2 August 2013
Contents Publication in full By article 16 / 21
ECONOMY - FINANCE - BUSINESS / (ae) ecb
No change in monetary policy

Brussels, 01/08/2013 (Agence Europe) - The head of the European Central Bank, Mario Draghi, broke with tradition on 1 August by announcing plans for the future, stating that, as long as the current situation of moderate inflation forecasts for the eurozone continues, the ECB will keep interest rates low.

At the ECB Governing Council meeting of 1 August, it was decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the...