Key Euribor rate steadies as ECB rate cut expectations fade

(Reuters) - The key Euribor bank-to-bank lending rate was unchanged on Thursday, consolidating gains from the prior session when data showing the euro zone emerged from recession in the second quarter dented hopes for another ECB rate cut.

Germany not immune to eurozone slowdown

Germany is not immune to the contraction in the eurozone, as the European Central Bank's Mario Draghi defends bond-buying and Greece claims an austerity victory.