ECB unveils emergency steps

Emergency plans to avoid a year-end funding crisis were unveiled by the European Central Bank on the 30 November 2007, highlighting economic uncertainties that, article suggests, will almost certainly keep its main interest rate unchanged in December 2007 - despite soaring eurozone inflation.

ECB: Press Release, 30.11.07: The Eurosystem’s liquidity management measures related to the year-end 2007 http://www.ecb.int/press/pr/date/2007/html/pr071130.en.html

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