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ECB expects rebound in 2009

China Daily | Updated: 2008-12-12 07:57

ECB expects rebound in 2009

The euro sign sculpture stands outside the European Central Bank headquarters in Frankfurt, Germany. Bloomberg News

The European Central Bank said the euro-region economy may start to recover in the second half of next year and Executive Board member Juergen Stark signaled the bank is reluctant to keep cutting interest rates aggressively.

ECB expects rebound in 2009

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