ECB holds rates at 2%

Eurozone interest rates were left unchanged at 2% on the 5 February 2009 even as another sharp fall in German industrial orders highlighted the extent of continental Europe’s economic downturn.

EurActiv, 6.2.09: EU keeps rates stable as BoE moves to record low http://www.euractiv.com/euro-finance/eu-keeps-rates-stable-boe-moves-news-221069

BBC News, 5.2.09: Eurozone rates kept on hold at 2% http://news.bbc.co.uk/1/hi/business/7872021.stm

ECB: Press Release, 5.2.09: Introductory statement http://www.ecb.int/press/pressconf/2009/html/is090205.en.html

ECB: Press Release, 5.2.09: Monetary Policy Decisions http://www.ecb.int/press/pr/date/2009/html/index.en.html

Deutsche Welle, 5.2.09: ECB Maintains Current Interest Rates But Hints at Future Cuts http://www.dw-world.de/dw/article/0,,4005249,00.html

France24, 5.2.09: ECB keeps rates unchanged and waits for March results http://www.france24.com/en/20090205-europe-ecb-keep-rates-unchanged-waits-march-jean-claude-trichet

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