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Europe Daily Bulletin No. 8397

11 February 2003
Contents Publication in full By article 30 / 39
GENERAL NEWS / (eu) eu/economy
Eurochambres says European economy needs ECB interest rate cut to move towards economic recovery

Brussels, 10/02/2003 (Agence Europe) - In a press release issued on Monday, the Association of European Chambers of Commerce and Industry (Eurochambres) said that a cut in interest rates by the European Central Bank (ECB) would be an "important step" in moving Europe towards economic recovery. Eurochambres President, Christoph Leitl, said: "We agree with he ECB on the negative impact stemming form the high degree of world-wide uncertainty at present. What enterprises and consumers need are...

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