ECB Feb bulletin - Reiterates Duisenberg remarks

GERMANY - The European Central Bank Thursday repeated that interest rates in the euro zone remain at an appropriate level and that it expects a gradual economic recovery this year.

In the editorial of the February bulletin, the ECB largely repeated remarks made last week by ECB President Wim Duisenberg after the central bank decided to leave the minimum bid rate at 3.25%.

It noted that while economic growth in the fourth quarter and early this year "is likely to have remained subdued, recent in

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