ECB's Trichet says euro zone growth continuing

European Central Bank President Jean-Claude Trichet told a press conference Thursday that economic growth in the euro area is continuing at a moderate pace but there are no clear signs of a strengthening in underlying dynamism.

Speaking after the ECB held its key interest rate unchanged at 2 percent Trichet said recent data and economic survey indicators on economic activity have been "mixed". "In general they point to ongoing economic growth at a moderate pace over the short-term, with no clear

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