ECB leaves interest rates unchanged
UPDATE: The European Central Bank has left its key interest rate unchanged; Mario Draghi noted that real interest rates were negative in much of the euro zone.
The European Central Bank (ECB) has left its key interest rate unchanged at a record low of 0.75 per cent, with its president Mario Draghi saying economic growth was expected to remain weak in the euro area.
However he said financial market confidence had improved since the ECB disclosed plans to buy sovereign bonds of countries that requested aid.
The euro slipped to a two-month low against the dollar after news that rates were unchanged. Analysts...
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