Saturday, August 23, 2014   

No all clear yet from Draghi on euro zone economic health
(01-09 22:27)

European Central Bank president Mario Draghi acknowledged today that the euro zone crisis is not over and that the economic recovery is weak and fragile.
He made the observations in comments at a press conference in Frankfurt, Germany, following a meeting of the ECB.
Earlier, the ECB decided to maintain its key interest rate at a record low 0.25 percent.
“The risks surrounding the economic outlook for the euro area continue to be on the downside. Developments in global money and financial market conditions and related uncertainties may have the potential to negatively affect economic conditions,’’ Draghi said in his statement.



   
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