Mario Draghi: full statement

The full introductory statement by European Central Bank president Mario Draghi following the decision to keep interest rates unchanged.

2nd August, 2012
ECB president Mario Draghi speaking at this afternoon's press conference.

Introductory statement by European Central Bank president Mario Draghi following the decision to keep interest rates unchanged:

Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Vice-President, Mr Rehn.

Based on our regular economic and monetary analyses, we decided to keep the key ECB...

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