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| Version 0 | Version 1 |
|---|---|
| ECB keeps interest rate at 0.05% | ECB keeps interest rate at 0.05% |
| (35 minutes later) | |
| The European Central Bank has kept its benchmark interest rate at 0.05%. | The European Central Bank has kept its benchmark interest rate at 0.05%. |
| It is expected to give details of its asset purchase programme announced last month at a press conference later on Thursday. | It is expected to give details of its asset purchase programme announced last month at a press conference later on Thursday. |
| The bank has said it will not be buying government bonds like other central banks have done, but has yet to outline what it will be buying. | The bank has said it will not be buying government bonds like other central banks have done, but has yet to outline what it will be buying. |
| The bank is looking to add liquidity to the financial system, boost lending and lift flagging economic growth. | The bank is looking to add liquidity to the financial system, boost lending and lift flagging economic growth. |
| The eurozone economy was stagnant between April and June this year, with the German and Italian economies shrinking, following growth of just 0.2% in the first quarter. | |
| The bank's rate-setting meeting is taking place in Naples, Italy, where protesters have faced riot police outside the Capodimonti Palace, where ECB head Mario Draghi will hold the press conference. | |
| Protesters expressed anger about austerity measures, unemployment and poverty. |