Eurozone interest rates left unchanged

EUROPE - Interest rates in the 12-nation eurozone have been kept on hold as expected at a regular ECB meeting held Thursday.

In a statement, the European Central Bank said it was holding its key rate at 3.25%, without giving further details.

Speaking at a news conference, bank president Wim Duisenberg said the eurozone's economic outlook remained "subject to uncertainties" while prospects for price stability were less favourable than at the end of last year.

The decision not to alter rates

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