GENERAL NEWS / (eu) eu/ecb

ECB maintains euro zone interest rate unchanged, but change could come "any time", Mr Trichet points out - Mr Fazio acts on the basis of Italian legislation, which allows too much discretion

Brussels, 03/11/2005 (Agence Europe) - The Council of Governors of the European Central Bank (ECB) decided on 3 November to maintain the minimum bid rate applied to main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at, respectively, 2%, 3% and 1%. The current monetary policy "still remains appropriate", Jean-Claude Trichet told the press, stressing that "at the same time, we must be highly vigilant as to the risks for...