Background: The European Central Bank also left its benchmark interest rate unchanged. That's for the 16th consecutive month. It comes as a still-uncertain global outlook clouds optimism about the eurozone's recovery. Full story >>
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For more analysis of the European economy, we're joined by Stephen Green, a senior economist at Standard Charter Bank. Welcome back to the program Stephen.
Q1. As the market widely expected, the Euro zone once again chose to keep its interest rate on hold. Is that still best for the Eurozone economy?
Q2. It was a busy day today, with a slew of economic data, including the revised euro zone GDP. Despite the reasonable figures, some are worried that the European economic recovery is loosing steam. Do you think it will slip in the second half?
- Eurozone revises GDP growth figures 2010-09-03
- Eurozone: Inflation slows, unemployment remains high 2010-09-01