Duisenberg stresses need for EU structural reform

The European Central Bank (ECB) served up no surprises to the markets today as it left Eurozone interest rates unchanged at 2 percent.

Presenting the interest rate decision, the ECB's President, Wim Duisenberg emphasised the importance of structural economic reform across the Eurozone - the 12 countries that share the euro currency - to increase growth.

He also stressed that countries should continue their efforts to balance their budgets, as demanded by the EU's Stability and Gr...