Eurozone economic prospects remain subdued; ECB to keep interest rates on hold today
Jan 14th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Economic prospects remain subdued according to the latest quarterly economic outlook from the German Ifo economics institute in association with the French INSEE institute and the Italian ISAE institute. Meanwhile, at its first meeting in 2010, the governing council of the European Central Bank (ECB) is expected to keep interest rates on hold today, including its benchmark rate at 1%.