Europe won't alter interest rates


(MENAFN) Europe Centra Bank chief Mario Draghi announced that the bank will keep interest rates unchanged disproving rumors circulated lately saying that ECB has an intention to alter Eurozone. Draghi added: "The overall economic outlook still warrants an accommodative stance and an exit is still distant". The bank tends to maintain its monetary policy and the measures that endorse that policy, officials stated. It's worth mentioning that Europe's economic conditions still weak and affected by the debt crisis that stormed through many European economies with expectations of no notable progress in growth and inflation indicators


MENAFN

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