ECB cuts eurozone outlook as rate held at 0.5 pct

Associated Press
ECB cuts eurozone outlook as rate held at 0.5 pct

FILE - A Thursday, Aug. 30, 2001 photo from files showing an employee at the State Central Bank in Hanover, northern Germany, holding a group of euro notes. The European Union's executive arm has given tiny Latvia the go-ahead to become the 18th country to join the troubled euro currency union next year. EU officials say that Latvia's desire to join is a vote of confidence in the shared currency and disproves predictions that the eurozone might break up. The European Commission gave the thumbs up Wednesday, June 5, 2013, after a required review. (AP Photo/Fabian Bimmer, File)

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