ECB keeps rates unchanged at 1%

The European Central Bank left its main interest rate unchanged at 1% in August 2009, just hours after another surge in Germany industrial orders lifted hopes of an early end to the severe recession in Europe’s largest economy.

BBC News, 6.8.09: ECB sees global growth next year http://news.bbc.co.uk/1/hi/business/8187285.stm

ECB: Press Release, 6.8.09: Introductory Statement http://www.ecb.int/press/pressconf/2009/html/is090806.en.html

ECB: Press Release, 6.8.09: Monetary policy decisions http://www.ecb.int/press/pr/date/2009/html/pr090806.en.html

France24, 6.8.09: ECB keeps interest rates at record low http://www.france24.com/en/20090806-ecb-expected-keep-record-low-interest-rates-eurozone-economy-crisis-recession-deflation-european-central-bank

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