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Europe Daily Bulletin No. 9934

3 July 2009
GENERAL NEWS / (eu) eu/ecb
Interest rates kept on hold

Brussels, 02/07/2009 (Agence Europe) - Meeting in Luxembourg on Thursday 2 July 2009, the European Central Bank (ECB) Governing Council decided to keep interest rates in the eurozone on hold. The main refunding rate remains therefore at 1.00% and the marginal lending facility and deposit facility at 1.75% and 0.25% respectively. The ECB's president, Jean-Claude Trichet, told reporters these were the right interest rates. He added, as after previous Governing Council meetings, that the ECB...

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