ECB takes rate cuts off table as eurozone woes ease
- Published: 10 Jan 2013 at 20.45
- Online news: World
The European Central Bank held its key interest rates steady Thursday and looked set to keep them there for some time to come amid signs the eurozone debt crisis is stabilising, analysts said.
The Euro logo is seen in front of the European Central Bank, in Frankfurt/Main, December 6, 2012. The European Central Bank decided Thursday to leave its main refinancing rate at a historic low of 0.75 percent at its first policy meeting of 2013.
As widely expected, the ECB's decision-making governing council voted at its first policy meeting of 2013 to hold the bank's main refinancing rate at its current historic low of 0.75 percent.
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