1% of the European Central Bank to maintain its main interest rate unchanged

4 European Central Bank said the euro zone to continue to lead in the 1% interest rates unchanged. This is the 19th consecutive European Central Bank interest rates on the lowest level in the history.

European Central Bank President Jean-Claude Trichet said interest rates in a news conference after the resolution, said: "Based on current economic conditions and the analysis of the currency markets, we believe that the current level of interest rates is appropriate."

Prior to this meeting, the market has been speculation that the ECB will take further measures to gradually withdraw from the previously adopted emergency policy, but the ECB did not announce this move further out. Trichet said next month's meeting to make a decision. He declined to say whether such arrangements by the U.S. Federal Reserve Board to adopt a new round of quantitative easing monetary policy.

4 years in the second quarter to the fastest growth, the current 16-nation euro zone economic growth is slowing, the growth rate differences between the Member States are also expanding trend. Sept. 12-year euro-zone unemployment rate climbed to a new high, reaching 10.1%. International Monetary Fund had forecast euro zone economic growth next year will fall 1.7% this year to 1.5%.

Meanwhile, the euro area price level continued to rise. Eurostat announced in October to reconcile price index rose 1.9% year on year, very close to the ECB's 2% inflation control target ceiling. Trichet said that as energy and other commodity prices, the euro area to keep the future price level will slightly rise.