The European Central Bank is unlikely to cut interest rates this afternoon.
Economists say the bank's 23 member governing council will probably leave the benchmark lending rate at a record low of 0.5% when they meet in Frankfurt later.
There are hopes that the recession in the Eurozone could be bottoming out, supporting the ECB's expectations of a recovery later this year.
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Davy Chief Economist, Conall Mac Coille, says the ECB could come in for some criticism for not doing enough to boost the European economy if that recovery does not materialise: