As the ECB announced its interest rates leaving them steady at 1%, following was President Jean-Claude Trichet speaking at a press conference stating that economic recovery remains uneven while the current interest rates are appropriate. Trichet believes that the current development taking place in the euro zone are because of temporary measurements as exports also played a part in economic growth.

Trichet's outlook for the economy, is that growth will be witnessed but at a moderate: rate during this year while still there are low inflationary pressures over the medium term.

Regarding the stimulus measures, the central bank will resume its credit aid as a way to continue supporting the financial sector yet they will pull out the stimulus measures gradually after they discuss it with the government.