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The European Central Bank (ECB) released its interest decision today. The central bank kept its interest rate unchanged at 0.05%.
The ECB President Mario Draghi said at a press conference today that the central will add further unconventional measures stimulus measures, if needed. He reiterated that the ECB is willing to expand its balance sheet towards the levels of early 2012.
Draghi noted that unemployment and geopolitical situation weighed on the Eurozone's economic recovery. He noted that growth momentum in the Eurozone slowed since the summer.
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