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Europe Daily Bulletin No. 9720

8 August 2008
GENERAL NEWS / (eu) eu/ecb
ECB keeps interest rates unchanged and confirms weakening growth in eurozone

Brussels, 07/08/2008 (Agence Europe) - The European Central Bank (ECB) decided on Thursday 7 August 2008 to keep interest rates unchanged in the eurozone. The minimum refinancing bid rate remains at 4.25% and the marginal loan facility and the deposit facility remain at 5.25% and 3.25%. Recent information shows a change in several economic indicators in the eurozone, backing up the ECB's Governing Council's analysis of a slowdown in the second and third quarter of this year. Changes in...