ECB keeps interest rates unchanged

The European Central Bank signalled on the 6 June 2012 it could cut interest rates in July 2012 but held back from immediate fresh steps to combat the eurozone debt crisis, keeping pressure on politicians to embark on a far-reaching overhaul of Europe’s monetary union in the following weeks. Report of the monthly meeting of the Governing Council of the ECB, Frankfurt, 6 June 2012.

ECB: Press Release, 6.6.12: Monetary policy decisions http://www.ecb.int/press/pr/date/2012/html/pr120606.en.html

ECB: Press Release, 6.6.12: ECB announces details of refinancing operations with settlement in the period from 11 July to 15 January 2013 http://www.ecb.int/press/pr/date/2012/html/pr120606_1.en.html

ECB: Press release, 6.6.12: Introductory statement to the press conference (with Q&A) http://www.ecb.int/press/pressconf/2012/html/is120606.en.html

BBC News, 6.6.12: ECB sees rising risks to eurozone economy http://www.bbc.co.uk/news/business-18339334

Deutsche Welle, 6.6.12: ECB leaves interest rates at historic low http://www.dw.de/dw/article/0,,16002176,00.html

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