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| Version 0 | Version 1 |
|---|---|
| ECB leaves benchmark interest rate unchanged at 0.5% | ECB leaves benchmark interest rate unchanged at 0.5% |
| (34 minutes later) | |
| The European Central Bank (ECB) has kept its benchmark interest rate on hold at 0.5%. | The European Central Bank (ECB) has kept its benchmark interest rate on hold at 0.5%. |
| Recent economic data has shown that an economic recovery may be taking hold in the eurozone. | Recent economic data has shown that an economic recovery may be taking hold in the eurozone. |
| Eurozone factory activity grew for the third month running in September, according to a survey. | Eurozone factory activity grew for the third month running in September, according to a survey. |
| ECB president Mario Draghi is expected to give more guidance on the health of the eurozone at a press conference later on Wednesday. | ECB president Mario Draghi is expected to give more guidance on the health of the eurozone at a press conference later on Wednesday. |
| The ECB has previously said its low rates are supporting a recovery and that governments must now restructure their economies and cut excessive levels of debt. | |
| Mr Draghi said in July that the ECB was likely to keep rates at their current low levels for an "extended period" to bolster recovery. | |
| He has also said that the ECB will, if necessary, offer another round of cheap, long-term loans to banks to keep the cost of credit down. |