ECB press conference with questions and answers

At Thursday's ECB press conference Wim Duisneberg said that economic growth in the 12-country euro zone remained "subdued" in the second quarter of this year and there were no signs of a significant improvement in production and confidence. "The latest data and information continue to suggest that economic growth in the euro area remained subdued in the second quarter of the year, after virtually stagnating in the first quarter".

Introductory statement by Willem F. Duisenberg, President of the

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