Subscribe to the BlogThe European Central Bank (ECB) has kept the eurozone interest rate at its record low of 1% for the 10th month in a row, as expected. The ECB also signalled it would scale back the special lending measures introduced during the financial crisis. ECB president Jean-Claude Trichet said that economic recovery in the euro area was "on track but will remain uneven". Worries remain about Greece's ability to tackle its debt burden despite its announcement of new austerity plans. But Mr Trichet dismissed suggestions that Greece could leave the euro as "an absurd hypothesis".