Europe's bank confident of quick recovery

EUROPE - The European Central Bank expressed confidence yesterday that the eurozone would recover quickly from an economic slowdown made worse by last week's terrorist attacks in the US.

In its monthly bulletin for September, the ECB held out the possibility of future interest rate cuts, but cautioned governments not to use the slowdown as an excuse for loose budgetary discipline.

The ECB report was the first tentative assessment by an authoritative international institution of the possible imp