BC EU europe Interest Rates

AP News | 710 days ago
BC EU europe Interest Rates
FILE - In this Sept. 2, 2009 file picture the Euro sculpture is see in front of the European Central Bank ECB in Frankfurt, central Germany. The European Central Bank has left its benchmark interest rate unchanged at 1 percent as markets wait to see if it will scale back special lending to banks introduced during the financial crisis. The bank's decision to leave its rates unchanged was not a surprise. Earlier Thursday March 4, 2010 the Bank of England announced it was keeping its interest rates at a record low of 0.5 percent and was not going to take further action on buying assets to boost its money supply. ECB President Jean-Claude Trichet will discuss the bank's decision with reporters, though he will also likely face questions about the crisis surrounding Greece's huge budget deficit. (AP Photo/Michael Probst, File)